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dorfmanmaster
Jul 22, 2019 6:12 PM

BUD technicals and fundamentals look great Long

Anheuser-Busch Inbev SA SponsoredNYSE

Description

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.


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