Monster Beverages - Bullish divergence in place

Jun 5

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

Jun 11

Trade closed manually

Close my trade on premarket on last Thursday when it gapped up.