A price action above 1.7270 preference ANH to outperform BTI.
The target price is set at 1.7880. Its 50% Fibonacci retracement level.
The stop-loss price is set at 1.6725.
Remains above its 200-day simple moving average, confirming a natural bias for ANH to outperform BTI.
The graph is forming a bullish triple bottom which may lead to a major outbreak through the resistance level of 53.88 euro. The next couple of days will be interesting to watch.
A price action above 106100 supports a bullish trend direction.
Further bullish confirmation for a break above 109800.
The target price is set at 113300.
The stop-loss price is set at 1036000.
Crossed above its 200-day simple moving average, which might set the long-term trend as bullish.
Building a base. The bigger the base, the bigger the space.
Anheuser-Busch InBev SA/NV, commonly known as AB InBev, is a Belgian multinational drink and brewing company based in Leuven, Belgium and is the largest brewer in the world.
BUD trended down in the social media fiasco until June 1st and then reversed.
Based on long term VWAP lines ( mean and standard deviations) anchored to April 1st
on the one hour chart, BUD is crossing over VWAP lines from below and is now
approaching the mean VWAP at 59.25. It could make a bullish move and cross the
mean VWAP or it could bounce down if short...
The last analysis of the brew master was on 30.03.2023 and the call was to buy the dip as there is more upside ahead.
The share rallied a bit more thereafter and hit a peak at 123201 and has since dipped just under 15% to 101740.
Whether or not this is the low is hard to say but trading is all about taking risk with uncertainties.
The MACD on the daily timeframe...
In week 25, ANH has had a good run, now overbought up to the monthly timeframe is due a pullback into failed daily cycle then weekly cycle low. Price is poking at the resistance of the Keltner Channel at a level where there is horizontal resistance, usually double convergence of resistance is too hard to overcome in overbought conditions. The share now presents a...
JSE:ANH back below the previous resistance level. The previous long trade idea is now invalidated; our stop was hit few weeks ago at break-even.
Might be a good setup for a short position targeting R800 (a worse case scenario for the stock).
No reason to be long #Budweiser since 2016.
You never know how long the bear market will be.
See the price contained by trendlines and Ichimoku clouds.
Anheuser - Busch Inbev started reverse capitalization of their last marketing adventure, and the controversial directions taken by the head of marketing caused a single red day to erase nearly $4 billion market cap. Unfortunately for BUD that was not just a single-day event, the decline is still going down on a steep angle. The vacation season in the US already...
In April, Anheuser-Busch InBev ran a social media campaign for Bud Light beer that featured the transgender influencer Dylan Mulvaney . The company is currently facing the consequences of this promotion, and it is likely that their beer sales will significantly decline in the current quarter.
Now analyzing the options chain of BUD Anheuser-Busch InBev prior to...
Following the boycott of Anheuser-Busch's Budlight, it dropped initially, then went sideways from there. The consolidation range is now broken and I believe it is going down.
Seeing social media, I don't see this boycott ending anytime soon, many people choose not to drink the beer for life. A few extend on to boycotting other Anheuser-Busch products too....
Here on a daily chart, I have plotted the ratio of the dynamic share price of BUD compared
with TAP. The thesis is that TAP ( Coors / Molson) may have had a share price rise while
BUD dropped its own as a reaction to its adverse ad campaign which resulted in a social media
disaster. BUD is global with only 25% of its market in North America while TAP is...
Though I wish it weren't so, the chart makes me believe that BUD will have a reversal that begins within a week or two.
Initial price level of $61.70 in mid-June, with $61.81 and $62.88 tests around late-June/early-July if $61.70 level is forcefully broken.
The stock appears to have been oversold.
Hitting the bottom of the LuxAlgo channel.
Major...
