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Elpidaldo

TAP: BEAUTIFUL ARC ON THIS CONSUMER DEFENSIVE STOCK

Long
Molson Coors Beverage Company (NYSE:TAP)  
Elpidaldo Updated   
NYSE:TAP   Molson Coors Beverage Company
Support and Resistance Cup And Handle Value TAP consumerdefensive tradeidea swingtrading ARC Stocks
2
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supportandresistance cupandhandle value tap consumerdefensive tradeidea swingtrading arc stocks
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!
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