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Molson Coors Brewing $TAP Technical Update

The Molson Coors Brewing (NYSE: TAP) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for TAP, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 57.29 55.02 54.28
P2 60.21 62.32 61.11
P3 62.89 69.24 67.86
Triggers may have already come
Support and Resistance Plot Chart for TAP

Long Term Trading Plans for TAP

February 17, 2019, 7:15 am ET

The Technical Summary and Trading Plans for TAP help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TAP Report.

TAP - (Long) Support Plan

The technical summary data tells us to buy TAP near 54.28 with an upside target of 61.11. This data also tells us to set a stop loss @ 54.02 to protect against excessive loss in case the stock begins to move against the trade. 54.28 is the first level of support below 60.91 , and by rule, any test of support is a buy signal. In this case, support 54.28 would be being tested, so a buy signal would exist.

TAP - (Short) Resistance Plan

The technical summary data is suggesting a short of TAP as it gets near 61.11 with a downside target of 54.28. We should have a stop loss in place at 61.37 though. 61.11 is the first level of resistance above 60.91, and by rule, any test of resistance is a short signal. In this case, if resistance 61.11 is being tested, so a short signal would exist.


TAP Long Term Analysis


TAP EPS Analysis

TAP Dividend Chart

TAP Revenue chart

TAP Growth rate - Quarterly

TAP Growth rate - Yearly

TAP PE chart

TAP PEG chart