$SAM Boston Beer Co Overbought on Weekly Chart

Jul 13, 2018

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.

Jul 13, 2018

Note

Note: Observation/opinion, not investment advice.