clearly estimates are too high and that means the growth outlook is deteriorating
international improve is good but that is not enough
There were more sellers than buyers today. Buyers thought they could break the inverse weekly head and shoulders but was meant with heavy sellers instead.
Today's Trading Range: 50.26 - 53.88
High: 53.88 Reached Within the First 2 hours (2 million shares traded)
Total Daily Volume: 6.6 million
After reaching the high of 53.88 within the first 2 hours, MNST started to sell off. It never retested the high again, which meant about 4.6 million shares sold off today. Yikes!