MNST – Monster Beverage Corporation - Update
MNST – Monster Beverage Corporation - Update
Monster breaks to fresh highs after decades of compounding.
Date: 11 May 2026 & 11th June 2026
Sector:
Consumer Non-Durables / Beverages – Non-Alcoholic
Exchange:
NASDAQ
TradingView link:
Opening/macro/sector context
I must be honest: I’ve never actually had this drink before in my life, but clearly somebody must be, because you simply would not see this sort of long-term price action without sustained consumer demand.
What also surprised me was just how long this stock has been listed.
I had assumed it was a relatively recent company, but in fact, it first floated back in October 1985 at around $0.06 per share.
As of the close on Friday just gone, the stock was sitting around $86.29, which is a pretty extraordinary long-term move.
Long-term structure
For a very long time, the stock was effectively stuck in sideways action.
Looking at a monthly bar chart from the IPO through to June 2004, the price traded within a broad range, roughly $0.0062 to $0.1781.
At its lows, the stock had fallen to fractions of a cent.
Once Monster eventually broke out of that initial pink box, the move higher was dramatic.
On the monthly candles, we can clearly see the acceleration from the top of the first box, around $0.1781, up towards $4.15.
After that, the stock entered another digestion phase between May 2006 and May 2011, during which the price traded sideways between roughly $1.75 and $5.70.
In fact, on the long-term chart, there have been four distinct consolidation phases, marked by the pink boxes, each followed by a breakout and continuation move higher.
Most recently, Monster exited the fourth major consolidation range in September 2025.
There was an initial failed breakout attempt in May 2025, when price briefly broke above the range only to fall back into it.
However, the second breakout attempt was decisively held, and price then pushed towards fresh all-time highs around $86.48.
Following that move, the stock experienced a fairly sharp correction.
Importantly, the monthly blue candle actually turned grey for both March and April 2026.
Now, for May 2026, we have just been given a fresh blue monthly candle again, although it remains to be seen whether that will hold into month-end.
Lower timeframe / recent structure
Zooming down to the lower timeframes, one thing that concerns me slightly is that on Friday, the stock gapped higher, reaching a fresh all-time high.
The concern here is that this could become a failed breakout, with price falling back into the most recent congestion zone to close that gap.
Because of that, I want to see two additional strong daily closes above Friday’s closing level before becoming confident that this move is genuine and capable of continuing higher.
Update - 11th June 2026
The gap-and-go move from Friday 8 May has continued to hold for over a month.
Since then, Monster has continued to move upwards, albeit slowly and steadily, forming a series of higher highs and higher lows.
After 29 May, the stock remained around all-time highs and continued to grind higher, although the daily candles stayed grey for a period.
Now, the price has pushed to a brand-new all-time high and printed a fresh blue daily candle.
This is notable because Monster was one of the few stocks that continued to move higher yesterday, while the wider market has generally been under pressure and trending lower over the last few days.
That is definitely positive price action, especially given the more negative tone across the broader market.
For me, the breakout is now confirmed.
First, the gap has been higher for more than a month.
Second, the stock has just turned blue again on the daily timeframe.
Third, there is now a clear area where the market has pulled back towards the bottom of the blue line, which can serve as a potential entry zone.
That also gives a comfortable 2:1 risk-reward setup, it's no more
Also, Monster has gone blue on the daily as the market has been pulling back, so the divergence is worth noting.
Entry trigger:
Two strong daily closes above Friday’s all-time high close.
Initial stop loss:
Previous 4H swing low around $70.90.
Multi-timeframe correlation:
3M: Blue candle
1M: Blue candle
1W: Blue candle
1D: Blue candle
4H: Blue candle
When should I tighten the stop-loss?
Tighten to the last 4H swing low as the stock continues to move higher.
When do I add to the position?
Add only after the breakout proves itself with further strong daily closes and a clean 4H structure.
Potential target range:
None currently identified on the daily timeframe.
Activated price targets:
None
Am I in this trade?
No
Current R multiple:
0R
Reminders
Watch carefully for a failed breakout.
The gap higher into fresh all-time highs needs confirmation.
Wait for two additional strong daily closes above Friday’s closing level before becoming confident that the breakout is genuine.