Long
Stock Rebounding after Coors Deal
Strong Fundamentals will keep this stock from dipping below 10$ per share. 11$ price levels should be retested by tomorrow. Short term Higher highs and higher lows are present. To note: Collapse of Coors deal was exasperated by Trumps warning on tariffs to Chinese market as evidence of TSX fall. The further decline today was a result of such effects on TSX. Quarterly results was actually quite good, but because of those two catalysts we saw the price fall to 10.17 $ per share before rebounding. Fundamentals going forward should see a green day week ending.
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