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Consumer Beverage Leader with Bull Flag Continuation Setup

by | Nov 13, 2022

Monster Beverage (MNST) shares forming a bull flag after a recent strong rally to new highs after earnings were reported and a larger pattern on the weekly chart nearing a massive breakout from a two-year range and inverted head and shoulders. A move above 100 can likely see 105 quickly and longer term the weekly breakout measures up to 125.

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