How do I calculate the brokerage I'll pay on a local CFD trade?
You’ll need to calculate the brokerage you’ll pay to enter your trade and the brokerage you’ll need to pay to exit your trade.
We’ll first need to lay out all the necessary information to calculate what brokerages you’ll pay…
For this example, we’re going to use a trade example with Anheuser...
BUD is a staple stock catering to beerdrinkers both in North America and Europe.
The controversy about a spokesperson for an ad campaign for Bud Lite has heightened awareness.
Bud Lite is only one product of the parent company.
Fundamentals arise, BUD is uptrending since Friday the 13th with hull moving averages converged.
In confirmation, the RSI bottomed...
One of the stronger names on our market currently which has been trending up since the consolidation breakout.
Approaching now an open gap dating back to October 2019
It will be interesting to see how price action develops in this zone.
Lots of gaps to the downside with very little sentiment leading us higher. This is speculation for sure, but we definitely have levels below that should be watched for interaction. I will be looking to short here below HKEX:65 for a bit.
There is a gap at 73 that could close, but 67 short term is scary, either way, if this stock bounced $67, I might look for HKEX:59 , If it bounces HKEX:73 , I'm looking at HKEX:45
I'm like 90% sure the can design was used to justify a massive exit before the coming crash.
With the bad publicity that BUD is taking in Social Media by going "woke" and seeing gaps that are left unfilled, along with the MACD reversal coming. I see a great shorting opportunity here back to the 2 red lines. Let's see where this goes.
ANH has formed a bullish flag below resistance from 2017 through 2019, it has good prospects of breaking to the upside. A good entry point is when a swing low forms on the daily time frame or when price closes above the blue trendline. A stop loss can be guided by price going below 24 November as this would indicate trend is gaining momentum to the downside.
I wanted to present to everyone the reasons why we like short selling BUD including the use of long put options
The first and primary reason is because of the risk/reward ratio. The risk-to-reward is 1 to 15, even though there is never a risk free trade, BUD went into such an overowned or extended price placement that it would be difficult to sustain such...
Imagine you're standing there drinking your favorite beer, a Bud Light.. then you suddenly realize you're holding a beverage featuring the picture of this jawn on it. EASILY the most popular beer amongst conservatives. Once word of this gets out.. anyone of their buddies even caught drinking it will get joked on... for a long time.
ANH price has rallied into a resistance that has restricted price from the lows. Ideally price should consolidate or move to target the support of the megaphone from which it must bounce upwards, by then RSI14 should be nearing oversold levels. This is a dip that can be bought for those who missed the early moves. However one must work with tighter stop losses...
Talk about a perfect analysis that takes-off almost immediately.
The last time I covered ANH was on the 30th of October 2022 and the share has traded as expected, link below.
Using Fibonacci Expansion projections, wave(3) is usually 1.618*wave(1) but for modest targets, I initially use 1.00-1.236*wave(1).
Using this modest range, wave(3) should push into the...
It seems like there's a bit of confirmation for a potential upward move on JSE:ANH . Given the market conditions, erratic, any upward move is welcome. We might see JSE:ANH trade closer to R1500/shares. Going back below the recent resistance level invalidates a long idea.
The PEAD projected a bullish outlook for $BUD after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
JSE:ANH has had an impressive run since it bounced off that support level, we didn't have a position. A confirmed breakout at the resistance level warrants a long position.
Anheuser-Busch InBev broke from a downward sloping channel and formed what looks like a bull flag
It has now broken out of that bull flag with a target of 12400
