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Monster Beverage

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Monster Beverage Corp. has been on a nice run going under $30 back in July 2009 moving up over $100 as of January 2012. But with this huge gain is there room for more returns? I am inclined to say investors should hold, not buy just yet. I has very few buy signals. However, it is trading above its 200 day moving average, a good sign showing a trend of upward movement. But, I would wait until it at least comes back down to its 70  DMA (Day Moving Average) to buy this. Currently, Monster Beverage (MNST) has a 70 DMA of $92.80.

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  • Terrie Ingold

    Posted by Javier Meridieth on Monday, 29 November 1999
    Octavio Zubek ...

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