TAP trade ideas
TAP, How low will beer go?, $70 looks like a support levelMolson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, Mickey's, Miller 64, Miller Genuine Draft, Miller High Life, Milwaukee's Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the Henry's Hard Soda, and Steel Reserve Alloy Series brands. The company also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands. In addition, it provides its products under the Staropramen, Apatinsko, Astika, Bergenbier, Borsodi, Branik, Jelen, Kamenitza, Niksicko, Noroc, Ostravar, Ozujsko, Sharp's Doom Bar, Worthington's, Cobra, and other brand names. Further, the company imports and sells Hop Valley, Revolver, Saint Archer, Terrapin, Grolsch, Peroni Nastro Azzurro, Pilsner Urquell, Desperados, Dos Equis, Moretti, Sol, Tecate, Carling Strong, Coors, Coors 1873, Coors Extra, Coors Gold, Iceberg 9000, King Cobra, Thunderbolt, and Zima brand products. Additionally, it brews or distributes various brands, such as Amstel Light, Heineken, Murphy's, Newcastle Brown Ale, Strongbow cider, Beck's, Belle-Vue Kriek brands, Hoegaarden, Leffe, Lowenbrau, Lowenweisse, Spaten and Stella Artois, Corona Extra, Rekorderlig, Singha, Blue Moon, Corona, Miller High Life, Molson Canadian, and other Modelo brands, as well as George Killian's Irish Red, the Redd's, and Foster's brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. The Company was founded in 1786 and is headquartered in Denver, Colorado.
At this time, TAP looks undervalued and oversold, might be BUY time after price action settles down early April 2018.
TAP: Long OpportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to enter into the correction of the downtrend movement close.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
NOTE: "IF DONE" analysis, when presented, refers to 80% of the recorded back tested past succeeded performances.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
TAP bottom bouncer. Not my normal type of play but this thing is too oversold to ignore. Looks like a good setup for a day trade.
TAP - Looking for a breakout up to $112.00TAP has been bullish for the last 4 years and currently completing a descending wedge at a 0.618 Fibonacci level with a solid (albeit, slightly inclined) support line at approximately $95.00. There seems to be a high likelihood of an upward breakout, which will probably be followed by a move at least to $112.00, but very possibly $123.00 in the case of an ABCD completion.
TAP forming elliot wave @ .385 retracementTAP is currently forming an elliot wave pattern and is down to its .386 retracement. This is a good opportunity to go long.
Date discovered: 03/01/2017
Position: LONG
Entry: 99.10
Stop:98.60
Exit: 104
TAP finished a H&SMolson Coors Brewing Co (TAP)
This stock performes a head and shoulders, so now we need to wait untill it'd be confirmed.
In this situation we have only one plan - to go short. But ONLY in the case of market confirmation.
TAP Iron Condor (Brad Reed Mar 10,2015)Iron Condor Idea for TAP on Mar 10,2015
Bull Put Spread: 67.50 / 65 Apr 17 expiration limit $0.30 fill for 13.6% OR 70 / 67.50 Mar 20 expiration limit $0.10 fill for 4%
Line In The Sand is 70.76
Bear Call Spread: 82.50 / 85 Apr 17 expiration limit $0.20 fill OR 80 / 82.50 Apr 17 expiration limit $0.30 fill for 13.6%
Line In The Sand is 78.85
Short TAP- DailyShorting TAP at 64.40$ and short 64.00$ May 30 puts @ 0.40$
We are only bearish-neutral very short term only.
