munyaelliott

ANHEUSER BUSCH INBEV (ANB) SHORT

Short
BMV:ANB   ANHEUSER-BUSCH INBEV SA/NV
Anheuser Busch InBev is literally printing short as it ticks. Prices just broke out of a bear flag pattern and now is about to do the same thing again. If it works, why change it right? This one will be selling like hot cakes, or rather like Telkom (pun intended).

Sell: At the break of the bear flag pattern.

Target is the bottom of the pattern according to the 90% rule at the 1281.60 price level

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.