SAM has been beaten down badly, and currently has a legal battle about its previous earnings.
SAM is looking to recovery here and move bullish. I want to see this break above $580 and come back and test support. Should be looking to get over $700 in the near term.
SAM is a beer giant, there is no doubt in my mind that they stay at these levels long. This is a $1000 stock mid to long term. There is a gap at the 900 level, that will eventually get filled. Technicals are all drastically cooled off, this will see a good run to come.
Green line is my expiration date for my options I purchased here.
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