AB Inbev Short Term - We look to Sell a break of 52.48 (stop at 54.15) Further downside is expected and we prefer to set shorts in early trade. A break of bespoke support at 53.00, and the move lower is already underway. We look for losses to be extended today. Expect trading to remain mixed and volatile. Our profit targets will be 48.86 and 47.38...
AB INBEV has recently broken below a key level of support. after a retest, the price shows its unwillingness to go higher. I believe that now we can expect a bearish continuation with you, taking into consideration a long term bearish bias. key levels to consider: 63.0 57.0 Please, support the idea with like! thank you!
Hi all, this is my first idea. Don't know if it can be of any use to anyone... In case it is, then thanks for liking it ;-) According to my (maybe amateuristic) analysis I noticed that ABI is playing an inception move on us. It actually formed a nice cup and handle, in the handle of a major cup and handle. Further more the MA's show that there might be a slight...