Monster Beverages - Bullish divergence in place
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MNST Selling has been halted for Monster Beverages after bearish exhaustion was seen on 30th May. Thereafter, the stock saw a bullish divergence on the RSI, and volume has spiked. As such, we are entering buy at spot at 52.20 or waiting for a pullback to the 50.43 demand zone. Target could see beyond 60.00 in the midterm
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Close my trade on premarket on last Thursday when it gapped up.
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