Monster Beverage (MNST) was in a consolidation pattern for a few months before pleasantly surprising on earnings. While there are no great patterns currently that can change quickly and the resistance level that formed last year is certainly one to be aware of if you are going to trade this stock.
Tales of a Technician
Tales of a Technician: How to Use Average True Range (ATR)
Here’s your comprehensive guide to using Average True Range (ATR)