Luckin Coffee's strategy of getting Chinese drinkers hooked on java makes the company good for an aggressive play.
Some bearish divergences have raised their 'head' but they might not stop this uptrend.
For me, this one is a pass. For now.
IPO investors might want to cash out on the big gains they've made on Luckin Coffee, the biggest listing of a Chinese company this year. Others shouldn't get in.
How do the charts look with their latest advance?
The trio consists of a beverage giant, a restaurant chain and a money-center bank.
As long as their marketing investment continues to yield desirable results, I think it's a good play,
After Amazon announced it would be launching its own private label energy drinks, MNST did not flinch.
The recent decline in the soft drink giant's shares post-earnings is similar to pullbacks in the past that have been followed by nice rallies.
A small dividend hike is helping to give PepsiCo shares a boost after its mixed earnings report.