Ambev after bouncing from the PCZ of a Bullish Gartley has held and consolidated marginally above the PCZ and while doing so has shown signs that it could continue up higher from here without a secondary retest of the 0.786 as it has Recently Broken out of a Bullish Dragon and Bounced from a smaller Bullish Shark on the Daily as well as holding the POC of the...
And likely dropping in value. B Wave with B wave of a grander consolidation pattern. DMX, RSX support this notion. It is ironic that the majority of our positions are shorts. Could this be a canary in the coalmine for a major collapse on the equity markets in the first half or a third of next year? We are not in the business of getting every prediction right, no...
Oversold (?C Wave) now coming back again. We are locally bullish on this one. It's still early days of general correction on this one. And like all that has come up must come down, all that had dipped south too fast must rise up again. We are betting on this to be the case here. We are not in the business of getting every prediction right, no one ever does and...
Im looking at this chart and really liking its strength. fantastic momentum while maintaining in a high level of suppistance curves. Looking for a breakout in the near future. Probably will add a position in the near future if it drops to below 3.7$. PT>5$
NYSE:ABEV Possible Scenario: LONG Evidence: Price Action Call options, Strike 351$, 10/15/21 TP1 ~ 3.13 Slow and Steady This is my idea and could be wrong 100%,
Looks good for longs in this area below green, stoploss below white, targets are lines above. Keep in mind there are gaps below white line, could fill them. - this is not financial advice. dont blindly follow these trades they are for record keeping only.
ABEV firing long on the weekly TTM. Lots of volume, momentum upward looking strong. Hard to not feel bullish here.
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Friday’s price has pushed ABEV above the highs of the consolidation range that we have seen since the lows of March. The GoNoGo Trend Indicator is a strong “Go” and has been for a few bars. Initially the trend was flagged a “Go” but as it fought with resistance struggled to paint the brightest blue. It is a good sign to see the trend strengthening. In the lower...
This is a long hold and just gained support! Letzzgo
Our position in #ABEV #AMBEV started on Dec. 04 confirms a solid upward trend as shown on the chart. An important test is around area $4.73 (+-0.05).
ABEV’s innovation outlook is trending down based on a current score of 36 out of 99, underperforming sector average. Over the past 4 quarters ABEV failed to beat earnings estimates and it pays dividend higher than its peers. For more analysis and articles visit our website .
ABEV seems in the last part of a potential 3 waves correction. A strong rejection on the level posted on chart can indicate the beginning of one more wave down.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) AMBEV S.A. AMERICAN DEPOSITARY SHARES (ABEV): All The Pivots, Supports & Resistences
As you can see ABEV broke the breakout line high possibility for a short tomorrow morning. I am no professional do not be surprised if I am wrong, but with high volume, I wouldn't miss this.
ABEV had a good upward run breaking recent resistance. We think it will continue its upward run from here. ABEV Date First Found- May 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Pull back to $6.10 Exit Target Criteria- Momentum Stop Loss Criteria- $5.87 Please check back for Trade updates. (Note: Trade update is little delayed here.)