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Monster Beverage broke out to a new all-time high in May, and now it’s pulled back.
The first pattern on today’s chart is the March 2024 high of $61.23. The maker of energy drinks hesitated at that level in early May but pulled back to hold it last week. Has old resistance become new support?
Second, MNST is …
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Monster Beverage (MNST), daily chart, with selected patterns and indicators, courtesy of TradingView.
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