AB INBEV a breakout of the range the beer maker may move steady to the upside
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
ANH might see a move higher i the nest coming weeks inflation and higher prices might push it to the upside
ABInbev has been trading in defined upward channel. After testing the overbought line we have seen a significant bar indicating the upward stride should continue.
JSE:ANH Making cup as continuation pattern. Wait for break of the neckline
ABInBev has been keeping to clear trend channels within a larger downward stride. With a break of the upward stride and rejection of the overbought line of the larger downward stride, we can possibly see a new downward trend starting.
JSE:ANH Making flat top triangle. Break above will push price even higher.
JSE:ANH Made inverted head and shoulders and broke above neck line. Unfortunately break was stopped by resistance at 118000 Currently making small flag consolidation. Break above 118000 will open 129000 as target for head and shoulders. Pull back towards neckline around 111000/112000 area would be great place to buy.
Anheuser-Busch InBev is the leading global brewer and one of the world’s top five consumer products companies. The company is geographically diversified, with a balanced exposure to developed and developing markets. It draws on the collective strength of approximately 200 000 colleagues in more than 50 countries worldwide. It hasn't been a great two years for...