SAM Boston Beer Co looking overbought at all-time high resistance on the weekly chart.I would expect a short term sub-300 correction and some profit taking leading up to ER 07/26/18.
Stock looking very over-extended...if earnings isn't a home run expect a further correction possibly to the area of $250-$260 by fall.
Note
Note: Observation/opinion, not investment advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.