Get started
ANHEUSER-BUSCH INBANHEUSER-BUSCH INBANHEUSER-BUSCH INB

ANHEUSER-BUSCH INB

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

1NBA trade ideas

Flat beer!This is definitely not a pretty sight. After this mornings profit warning, AB Inbev is taking some serious shots (pun intended). This positive trendline (support) which started at the beginning of 2019, helped ANH being one of the top-performing FTSE/JSE All Share companies YTD. The support was however broken this week, with today's price movement dropping ANH below the 200-day moving average (R1254.19). Next target is R1158, with a break a close below this levels bringing back the declining parallel channel (next target R1070). ANH do however find itself in EXTREME oversold position according to it's 14-day RSI, which could help a dead-cat-bounce. I would however caution any long positions before we see some sort of recovery.
JSE:ANH
by SchalkLouw
$JSEANH Anheuser setting up for a short term buying opportunityAnheuser-Busch Inbev looks to be setting up for a long trading opportunity off a good level of support between R1352.00 - R1362.00. Firstly, this level ties in with the uptrend support level which formed from the lows where the stock bottomed back in January of this year. Secondary level of support is provided by the 89/100 day moving averages (orange/red lines) which provided support on the pullback in July of this year. Thirdly, the level of +- R1352.00 is the lateral level of support above which the stock has consolidated during the last 3 months. Lastly, the RSI indicator has provided solid support for the stock off the 40 level which has held once more. It is quite evident that the levels between R1352 - R1362 have many different indicators of support which supports a high probability view that the stock could start to lift off current levels. Look to buy any weakness into the support zone (R1352 - R1362) using a stop loss as a close below R1350.00. Should the stock start to gain momentum, i would look to bank at two respective targets which provided recent resistance on the upside. 1st Target R1440, 2nd Target R1480.
JSE:ANHLong
by MarcoOlevano
ABI is playing an inception move on usHi all, this is my first idea. Don't know if it can be of any use to anyone... In case it is, then thanks for liking it ;-) According to my (maybe amateuristic) analysis I noticed that ABI is playing an inception move on us. It actually formed a nice cup and handle, in the handle of a major cup and handle. Further more the MA's show that there might be a slight correction towards the 80€ area. Maybe a buying opportunity? Then it should take off again towards +- 84€ and on a later stage towards the 95€ area
EURONEXT:ABILong
by noochboy