BUD trade ideas
$BUD with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $BUD after a negative over reaction following its earnings release placing the stock in drift C
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AB INBEV - Make it or break itAB INBEV is at a major resistance level. Following on a strike of major daily returns, technicals indicate a potential break of the resistance level. RSI index however, seems to indicate that the stock is about to break down. Additionally, fundamentals are still not strong enough to sustain a break. This is a stock with long-term potential, however, i guess a decrease to the price level of 46 is the most likely short-term scenario. However, keep an eye on the upside!
Bud 2.19.21Bud Inbev looks stupidly underpriced compared to the rest of the market. I have been accumulating good food/ product/ staple/commodity stocks for a longer term hold outlook. Decent payout low risk high reward. 120 target.
AB Inbev 2.17.21Why i'm holding up on buying crypto only and now i'm loading up on food/bev stocks. AB Inbev is a classic beer stock and household name. Right now we have tech and other large caps operating at dozens upon dozens times earning valuation. I see something here and maybe i'll be wrong. But i think commodities and food/bev stocks are highly undervalued compared to the rest of the market. Other buys i took were Kroger and Conagra.
ANH reaching supportANH has been trading in a rising parallel channel for a year now following the all time lows hit in March of 2020. The RSI is oversold and MACD is looking to cross shortly. If it bounces off the support level I think we could see a move up of 20% in the short term. The longer term picture suggests that the stock is still within a longer term descending parallel channel - which if it does break out of, could be very positive - but this would probably need the lock-down blues to be over first.
ANH - LongAfter a recent adjustment downwards, the share appears bullish in the short run for the following reasons:
1. Stoch RSI is oversold
2. MACD indicates start of upward momentum
3. The South African alcohol ban has been lifted, although the share price has not previously been largely affected by the lifting of the previous bans
4. Share price is sitting below the MA and close to the bottom of 1 standard deviation band
BUD smells like a good buyLooks like a Bull Flag and a strong upwards trend channel as stimulus and vaccine news continues to accelerate.
Depends how patient the you want to be, could be multiple entries and exit$ here.
-Good Luck!
ANHAnheuser-Busch Inbev (ANH) | The share has consolidated for just over 3 weeks with the structure having developed a rectangle pattern where the price closed above the resistance. The technical indicators suggest strength however from a short term trading perspective we would like to see the price remain above R1070 as evidence that a trend continuation is at hand. Note the price above a rising 20-day EMA (positive development).
This chart forms part of a large research note.
JSE:ANH ABInbev Last Push to OverboughtFollowing the bounce from the oversold line in March (See posts below) with a target of R1200. We have taken two reaccumulation steps after a shallow pullback to the latest reaccumulation range we are now ready to for a push to the R1200 target. This is also the yearly pivot point and the overbought line.
ABI approaching short opportunityIdea:
- Short share once it hits €50
- Stop loss @52EUR
-Take profit @45EUR.
ABI: Anheuser-Busch InBev SA/NVSince the creation of ABI Newbelco SA/NV - Anheuser-Busch InBev SA/NV in 2016 the share price seems to have dropped significantly, > 70%. Any ideas why the big decrease in share price? What are the prospects for share price recovery when in October 2021 tranches of the companies restricted shares are released into the markets? A significant ranch of restricted shares are registered in the name of the custodian/nominee "PLC Nominees Limited" in the case of South African shareholders. Who is PLC Nominees Limited?
Tenkan Bounce?Last weeks bullish sentiment could continue. The past 3 days we saw price retreating to test the weekly tenkan. Today's close was a satisfactory bouncer although we would have loved to see a green close. The trade will be taken on 4h where we can see the bulls tentatively coming in. If they increase momentum in tomorrows session our trade will play out well.
Entry: 95354
SL: 92717 ( just below the daily Kijun and SSB)
TP: 103 980
RR: 3.22
Position sizing is crucial!
Weekly game plan 11 Oct 2020 - ANHWe hesitated about this one last week because it had technically made a new low... the breakout came in the end though.
#JSEANH - LONG Idea 🍺One of the few bullish looking setups on our market
- Price has consolidated above the 200ma
- Coming off oversold stochastics on the daily
- Long-term target is the gap close at R1327 or top of the broadening formation
JSE:ANH
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
ANH - Cup and Handle breakCup and Handle formed, nice backtest. Needs a firm close above R100 to trigger TP of R135.
BUD Forming 3 Month #CupandHandle #ChartPattern2 things acting as headwinds to the breakout. 200 MA just above pattern boundary & $65 will act as strong resistance. Otherwise, I well defined cup and handle chart pattern.
Ice Cold Beer Anybody? (BUD)Anheuser Busch InBev is showing a very similar pattern compared to a lot of other stocks I have reviewed as of lately.
Overall clearly in a downtrend with a very significant drop.
Based off current candles, recent channel top and ema dots, I think we could go towards the green level of support for about a 5% move.
You will then look for the indicators to align to play off of that to see how strong this recovery channel is so far.
A strong buy for bud would be a breakout above previous high out of downward major resistance listed with red arrow.
If we do correct to green support area and no indicators line up then look for a breach and that's where you can add to the short.
Nice pattern to play.
Bearish Flag - $ANHJSE:ANH
A bearish Flag developing on AB In-Bev. Waiting for the setup to break out of the flag.
Monitoring if the 50 EMA will hold as support or the price will break below it and out of the flag.
