TAP: BEAUTIFUL ARC ON THIS CONSUMER DEFENSIVE STOCK

By Elpidaldo
Updated
TAP (Molson Coors), a beverage company. Good value stock.
Sector: consumer defensive

It's forming a beautiful arc. Can we complete it and reach USD 61?

Risk/Reward is good here as you can put a stop just below 52.

I'm in for a swing.

Trade safe!
Comment
small deviation but it might be that my arc was not placed correctly.
Trend is following it 's course, so far so good
Comment
so far so good
also note that there is a big cup and handle forming on the weekly chart
Comment
1st target on track!
ARCconsumerdefensiveCup And HandleStocksSupport and ResistanceswingtradingTAPtradeideaValue
Elpidaldo

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