dorfmanmaster
Long

BUD technicals and fundamentals look great

NYSE:BUD   ANHEUSER-BUSCH INBEV SA/NV ADR EAH REP 1 ORD NPV
Fundamentals
  • Analysts are pricing BUD @$118 (24% above current price!)
  • New products and hype.

Technicals
  • OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years.
  • BUD is breaking above a weekly resistance 50SMA.

Comments

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