The_Cannalyst

AMBEV: Waiting for clearance!

The_Cannalyst Updated   
NYSE:ABEV   Ambev S.A.
40
Since 2013 the downtrend is dominant. These days we have reached upside of the trendchannel - now ist perhaps time for Action:
Could AMBEV overcome this trend (with Prices > 5,6/5,75) a resumption of the longterm uptrend can be exspected.
Should AMBEV could not overcopme this mentioned Level, the next downwave can be exspected.

In my Chart i have shown these two different views / trading ideas.

Good Luck
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