Molson Coors's most recent trend suggests a bullish bias. One trading opportunity on Molson Coors is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 8.7% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Molson Coors is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Molson Coors is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Molson Coors
Molson Coors – Time To Take A Profit, And Have A Beer
Tue, 24 Jun 2014 01:23:28 GMT
Brewers Sidestep the Trouble Brewing Over Beer Ingredients
Sun, 22 Jun 2014 22:35:56 GMT
Scare Tactics Won't Brew Better Beer
Sun, 22 Jun 2014 11:00:00 GMT
Stock Pops & Drops: TAP, AN, YNDX, AMD
Fri, 20 Jun 2014 21:17:00 GMT
Why Molson Coors (TAP) Stock Rose Today
Fri, 20 Jun 2014 20:44:00 GMT
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