Technical Briefing on Coca-Cola Enterprises, Molson Coors Brewing, Anheuser-Busch InBev, and Diageo

Fri Mar 22, 2013 8:01am EDT

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LONDON,  March 22, 2013  /PRNewswire/ --

Soft drink companies such as Coca-Cola Enterprises Inc. (NYSE: CCE) have been
focusing on healthier drinks in the developed world. Meanwhile, emerging markets
are expected to be key growth drivers for soft drink companies as well as
brewers such as Molson Coors Brewing Company (NYSE: TAP), and Anheuser-Busch
InBev NV (NYSE: BUD). Rising income levels in emerging markets has also boosted
demand for wines and other premium alcoholic drinks, which should benefit
companies such as Diageo Plc (NYSE: DEO). Beverage stocks ended mostly lower in
Thursday's trading session as the broad market came under pressure due to
mounting concerns over  Cyprus's  bailout. StockCall has posted free technical
research reports on CCE, TAP, BUD, and DEO and these can be accessed by signing
up at

Shares of Coca-Cola Enterprises Inc. edged lower on Thursday; however, the
losses were limited. The stock closed 0.59% lower at  $36.88  even as it touched
a 52-week high of  $37.26  earlier in the day. Despite the pullback on Thursday,
the soft drink company's shares have gained more than 1.60% in the last three
trading sessions. The stock has outperformed the broad market in 2013 so far,
gaining nearly 17%. It has seen a series of highs in the last few sessions,
which is a bullish signal. The stock's MACD has also crossed above the signal
line, which further confirms the positive trend. Download the free report on CCE
upon registration at

Shares of Molson Coors Brewing Company slipped in trading on Thursday, reversing
some of the gains from earlier in the week. The stock ended the day 0.72% lower
at  $48.56  after touching an intra-day low of  $48.46. Despite the pullback, 
Molson Coors'  shares have gained nearly 1.20% in the last three trading
sessions. The brewing company's shares have been facing stiff resistance at
around  $49. The stock is currently trading well above its 50-day and 200-day
moving averages. Shares of TAP have outperformed the S&P 500 this year, gaining
more than 14%.  TAP technical report can be accessed for free by signing up at

Another brewer that slipped on Thursday was Anheuser-Busch InBev NV. Shares of
the brewer fell 0.48% to finish the day at  $95.67. The stock fell to an
intra-day low of  $95.10. Despite the decline yesterday, the company's shares
are marginally higher for the week. The stock has outperformed the S&P 500 in
2013, gaining nearly 9.50%. Shares of BUD are currently trading well above their
50-day and 200-day moving averages. However, the stock's MACD has recently
crossed below the signal line, which suggests that market sentiment has turned
bearish on the stock.  Free report on BUD can be accessed by registering at

Diageo Plc shares also struggled in trading on Thursday as the broad market
remained under pressure. The stock ended the day 0.60% lower at  $122.06  after
touching an intra-day low of  $121.58. Diageo's shares have gained more than
5.70% in 2013 so far, underperforming the broad market. The stock recently broke
through  $122  resistance level, which is a bullish signal. The positive trend
is further confirmed by the stock's MACD chart. Register with StockCall and
download the research on DEO for free at

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