Anheuser Busch InBev preparing for MAJOR upside!Inv Head and Shoulders formed on Anheuser Busch Inbev and now we are waiting for a SOLID break to the upside above the Neckline.
We also see bullish signs with the Moving Averages.
Price> 20 and 200
So we can expect the first target at R1,384.54
But remember, Neckline needs to break first.
Anheuserbusch
Anheuser-Busch ($BUD) Reports Better-Than-Expected Sales In Q1Anheuser-Busch InBev (NYSE:BUD) reported Q1 CY2024 results that exceeded analysts' expectations, with revenue up 2.3% year on year to $14.55 billion. The company made a GAAP profit of $0.54 per share, down from its $0.81 per share in the same quarter last year. Brand strength, marketing strategies, and shifts in consumer preferences influence the company's performance. Companies that invest in innovation to meet consumers where they are can reap huge demand benefits, while those who ignore trend
BUD Anheuser-Busch InBev SA/NV Options Ahead of EarningsIf you haven`t sold BUD`s Double Top here:
Then analyzing the options chain and the chart patterns of BUD Anheuser-Busch InBev SA/NV prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $2.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ABINBEV ready to break up and beyond to 76.38Scallop pattern has formed on the daily.
It hasn't created the pattern fully and a breakout is important to wait for.
The problem is before the Scallop there was an extended Rectangle pattern with a little range.
This box formation could take place again as companies tend to have their own trading personality.
Until the breakout occurs, it's a risky position to be in.
7>21>200
RSI>50
Target 76.38
ABOUT THE COMPANY
AB InBev (Anheuser-Busch InBev) is a multinational beverage and brewing co
Ice Cold Beer Anybody? (BUD)Anheuser Busch InBev is showing a very similar pattern compared to a lot of other stocks I have reviewed as of lately.
Overall clearly in a downtrend with a very significant drop.
Based off current candles, recent channel top and ema dots, I think we could go towards the green level of support for about a 5% move.
You will then look for the indicators to align to play off of that to see how strong this recovery channel is so far.
A strong buy for bud would be a breakout above previous high ou





