RobbyP

ANH holding support

Long
RobbyP Updated   
JSE:ANH   ANHEUSER-BUSCH INBEV SA NV
I have been waiting patiently to see if this 2-year support levels would hold and the stock has not only honored it but is bouncing off it. There is strength starting to creep into the price and I don't think you could be too far wrong buying these levels. I'm not saying chase it now but I would seriously use pullbacks to accumulate a decent size position for a short term target of R890.00. I would use that support line to calculate my stop loss.
Trade closed: target reached
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