1NBA trade ideas
ANH still holding supportANH is still holding the strong support of R810 level, support has been holding for over 210 days
and provides a good RR entry
ABI at support levelAB Inbev
Short Term
We look to Buy at 47.28 (stop at 46.18)
Previous support located at 47.10. Price action has posted a Doji candle and confirms a possible stall in the recent move. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Expect trading to remain mixed and volatile.
Our profit targets will be 50.60 and 52.56
Resistance: 54.00 / 55.30 / 57.56
Support: 47.00 / 44.50 / 36.20
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ANH - Potential Price Path? ANH potential price path with price down to support followed by a rally? Black candles are called 'ghost feed'.
Some nifty tools which I haven't tested as yet. Interesting.
ANH: further downside potential?A price action below 89000 supports a bearish trend direction. Crossing above this level will negate the negative stance.
Further bearish trend support below 88900.
Consolidation price range from 86100 to 88000. Crossing below 86100 might target 84100.
Crossing above 88000 might be the first sign of pending strength.
Remains below its 200-day simple moving average.
$BUD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BUD after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
Opportunity to increase - $BUDAs always, the market does not like the quarterly. But he recognized the support and we are at the low end of the channel. The quarterly report was good, sales and volumes growing.
AB Inbev - Triggered shortAll three of our momentum indicators have crossed downwards on JSE:ANH . Our target level is 787, but failing that, I'm sure we will get to the previous lows at around the 805 level.
ABinBEVANH might see a move higher i the nest coming weeks inflation and higher prices might push it to the upside
$BUD ~ Wave 2 pullback continues...Expect wave 2 pullback to continue. Once complete will be a great buying opportunity. Will continue to monitor and post updates.
ANH - Upward MomentumAll three of our momentum indicators - stochastic, MACD and 3+15 EMAs have all crossed upwards on JSE:ANH , signaling a long position.
ANH: further downside potential?A price action below 90200 supports a bearish trend direction.
Crossing above this level will negate the bearish stance.
Downside price momentum supports the bearish trend direction.
Remains below its 200-day simple moving average.
RSI leaves enough room for further downside price potential.
Remains a risky trade.
ANH ShortDisregarding today's move, JSE:ANH is looking good for a short position. If it breaks through the 855 price level, I will enter short.
ABI look out below! AB Inbev
Short Term - We look to Sell a break of 52.48 (stop at 54.15)
Further downside is expected and we prefer to set shorts in early trade. A break of bespoke support at 53.00, and the move lower is already underway. We look for losses to be extended today. Expect trading to remain mixed and volatile.
Our profit targets will be 48.86 and 47.38
Resistance: 55.00 / 60.00 / 70.00
Support: 53.00 / 48.00 / 45.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ANH - Strong up moveJSE:ANH is looking good for a long position after the strong upward move in yesterday's price action. If it continues upwards today, the long position will be triggered.
ANH: disappointing price action!A possible M-top pattern might be unfolding.
Below 86600 supports a bearish trend direction. Crossing above this level will negate the bearish bias.
MACD crossover supports a change in trend direction to bearish.
RSI leaves enough room for further downside potential.
Remains below its 200-day simple moving average.
ANH - Looking good for a shortIf support level from 24 March is broken, I think JSE:ANH could be in for a nice downward move.
$BUD with a Bullish outlook following its earnings #Stocks 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 100%.
BUD Inbev SA Bearish. Can we get a single bull today? BUD Immediate targets 58, 52, 47. Invalidation at 95.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Bullish Engulfing on ANHA bullish engulfing candle has formed on JSE:ANH . This is a bullish reversal signal so I think we could be seeing a nice upwards move from here right up to the resistance levels from mid January.
AB INBEVLooks like a Head and shoulder pattern developing which will be confirmed by a break of that 890 support/neckline.
Technically there still remains a gap at 858 that was never closed. These technical gaps usually (eventually) close.
Measured target of the H&S pattern is 750!
ANH : LongThere is momentum to the upside. The stochastic has crossed to the upside and the MACD is below the zero line.
