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Loyiso_BlaqueSoros_Mpeta
Mar 30, 2023 3:58 PM

$JSEANH - AB InBev: Buy The Dips, More Upside Ahead Long

ANHEUSER-BUSCH INBEV SA NVJSE

Description

Talk about a perfect analysis that takes-off almost immediately.
The last time I covered ANH was on the 30th of October 2022 and the share has traded as expected, link below.
Using Fibonacci Expansion projections, wave(3) is usually 1.618*wave(1) but for modest targets, I initially use 1.00-1.236*wave(1).
Using this modest range, wave(3) should push into the R1343,69-1470,89 zone.
With momentum strong on the upside, dips will provide good entry points.
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