NYSE:BUD taking a monthly #RevStrat up (inside month, followed by month down, followed by month up). Trapped shorts from last month combined with natural buyers entering the new month up equals strong potential for move up. Buyers looking to put money to work in catchup names, BUD yet to participate. Would like to see the daily low hold. Might get another pullback to shake out the breakout buyers, but might not come back. Will be watching closely. Go time for now.
Beautiful chart here ... wanted to see if you could give me some advice on what you think BUD will do this coming week moving into July .... they just announced offer to buy back debt ... I know Covids an issue but look like ther in Bev in rocking ...