Offshore – Monster Beverage Corporation (MNST) – UnumCapital
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Offshore – Monster Beverage Corporation (MNST)

Offshore – Monster Beverage Corporation (MNST)

For the past two years the stock has gone sideways it traded near all-time highs. Using the monthly chart, we note the price attempting to break out of the two-year consolidation.

Typically I would not recommend breakouts however this time one could differentiate as the . . .

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Lester Davids

Lester joined Unum Capital in July 2016 and is a Trading Desk Analyst focusing on local (JSE) and global multi-asset class technical strategy and research which includes idea generation.

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