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Water-Logged And Getting Wetter Stock Of The Day: Monster Beverage (MNST)

Trade-Ideas LLC identified Monster Beverage ( MNST) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Monster Beverage as such a stock due to the following factors:

  • MNST has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $115.9 million.
  • MNST has traded 1.2 million shares today.
  • MNST traded in a range 259.2% of the normal price range with a price range of $6.47.
  • MNST traded...