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Stock Of the Day: Will Molson Coors Finally Reverse?
摩森康胜摩森康胜(US:TAP) Benzinga·2025-06-26 03:23

Molson Coors Beverage Company TAP is quiet on Wednesday. After a long downtrend, the shares have consolidated over the past few days and found support around the 48level.Theyarealsoveryoversoldandmaybestartingtoreverse.ThisiswhyitisourStockoftheDay.Stocksthatareoversoldanddroptosupporttendtoreboundandrally.Asyoucanseeonthechart,thishappenedwhenMolsonfoundsupportaroundthe48 level.They are also very oversold and may be starting to reverse. This is why it is our Stock of the Day.Stocks that are oversold and drop to support tend to rebound and rally. As you can see on the chart, this happened when Molson found support around the 52.50 level in January and early May.Oversold refers to a stock's momentum. Most of the ...