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Peet_Serfontein

ANH: further downside potential?

Short
ANHEUSER-BUSCH INBEV SA NV (JSE:ANH)  
Peet_Serfontein  
JSE:ANH   ANHEUSER-BUSCH INBEV SA NV
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
A price action below 89000 supports a bearish trend direction. Crossing above this level will negate the negative stance.
Further bearish trend support below 88900.
Consolidation price range from 86100 to 88000. Crossing below 86100 might target 84100.
Crossing above 88000 might be the first sign of pending strength.
Remains below its 200-day simple moving average.
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