TAP Molson Coors Beverage Company - Ordinary Shares - Class B

$TAP An opportunity missed. See where the 5-day EMA (green line) crossed above the 10-day SMA (yellow line), that is where I should have been looking for confirmation of an uptrend, which happend when this crossed and closed above the pivot line (the 21-day orange line). I missed that entry around 38.00. The next resistance was the 50-day (red line) and once it broke that, that was another entry opportunity, which I, BAM, made. Stop loss is breakeven, but I think this heads towards a new resistance, the 200-day (blue line). I posted this Thursday @ 6pm. Let's see where this goes....

$TAP is starting to look like a value. Here is the big question. The write down in '25 due to Goodwill Impairment and all the valuation tied into Goodwill is a mystery. Great beers and brands housed by Molson Coors but would you buy the same beer if it was sold under a different label? ALDI is interesting in this regard. They have white labeled many well known craft beers and major brands: Guinness, Pilsner Urquell, Becks, Corona, Deschutes IPA and many others and they are having success. If they white labeled Miller Lite and it was a few dollars cheaper, Id choose the ALDI knockoff and my name is Miller. I cant make sense of the Goodwill valuations. 3B in current assets, 5B in property plant and equipment, 12B in liabilities including pension, long-term debt and tax considerations. 7B market cap at the current share price. 1.5B in EBITDA in '25 (sans Goodwill impairment)

$TAP I got stopped out and it's a good thing. Look where it is sitting? Right on the 50-day, which is a trigger point for some retail and institutional buyers/sellers. Trending under the 50-day can create a negative momentum position. Waiting for a return to positive

$TAP That morning pop was nice. I am out from mid $37 range. I will keep watching. 3 for 3 on this trade.

Molson Coors Beverage announced that it will hold its Q3 2026 earnings webcast on November 5, 2026, with results expected around 12:30 p.m. ET that day, giving investors a clearer near-term catalyst for a stock that has faced persistent selling pressure. Wells Fargo cut its price target on October 5 to $38 from $41 while maintaining an Equal Weight rating, contributing to the stock’s recent weakness. With shares trading just above their 52-week low of $35.52, some investors may view current levels as attractive, while the broader analyst consensus remains Hold with an average target of about $43.88. BlackRock reported a 10.6% beneficial stake in Molson Coors Class B shares as of September 30, highlighting continued institutional interest. $TAP

$TAP Wall St tiny hats have a friendly message for you: "Molson Coors Beverage Price Target Cut to $38.00/Share From $41.00 by Wells Fargo"