When Monster Beverage Corporation ($MNST) Moves Investors should Listen
December 18, 2023, 17:30 pm ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MNST
- Buy MNST slightly over 51.89 target 56.27 stop loss @ 51.74 Details
The technical summary data tells us to buy MNST near 51.89 with an upside target of 56.27. This data also tells us to set a stop loss @ 51.74 to protect against excessive loss in case the stock begins to move against the trade. 51.89 is the first level of support below 55.3 , and by rule, any test of support is a buy signal. In this case, support 51.89 would be being tested, so a buy signal would exist.
- Short MNST slightly under 56.27, target 51.89, stop loss @ 56.43 Details
The technical summary data is suggesting a short of MNST as it gets near 56.27 with a downside target of 51.89. We should have a stop loss in place at 56.43though. 56.27 is the first level of resistance above 55.3, and by rule, any test of resistance is a short signal. In this case, if resistance 56.27 is being tested, so a short signal would exist.
Swing Trading Plans for MNST
- Buy MNST slightly over 56.27, target 60.58, Stop Loss @ 56.11 Details
If 56.27 begins to break higher, the technical summary data tells us to buy MNST just slightly over 56.27, with an upside target of 60.58. The data also tells us to set a stop loss @ 56.11 in case the stock turns against the trade. 56.27 is the first level of resistance above 55.3, and by rule, any break above resistance is a buy signal. In this case, 56.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short MNST slightly near 56.27, target 54.81, Stop Loss @ 56.43. Details
The technical summary data is suggesting a short of MNST if it tests 56.27 with a downside target of 54.81. We should have a stop loss in place at 56.43 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for MNST
- Buy MNST slightly over 56.27, target 60.58, Stop Loss @ 56.14 Details
If 56.27 begins to break higher, the technical summary data tells us to buy MNST just slightly over 56.27, with an upside target of 60.58. The data also tells us to set a stop loss @ 56.14 in case the stock turns against the trade. 56.27 is the first level of resistance above 55.3, and by rule, any break above resistance is a buy signal. In this case, 56.27, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short MNST slightly near 56.27, target 55.26, Stop Loss @ 56.4. Details
The technical summary data is suggesting a short of MNST if it tests 56.27 with a downside target of 55.26. We should have a stop loss in place at 56.4 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.27, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Monster Beverage Corporation (MNST) available here: MNST.
MNST Ratings for December 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
51.89 |
| P2 |
55.26 |
54.81 |
56.27 |
| P3 |
56.18 |
56.22 |
60.58 |
AI Generated Signals for MNST
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Monster Beverage Corporation (NASDAQ: MNST) report below is a real world example. Included are trading plans for MNST, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for MNST:
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