BUD rally brewing?We have positive bullish divergences in RSI and MFI on the 4h chart while we base off the trendline support. We have a gap to fill on the upside as well with the gap resistance at 84.48. If we break 80.59 resistance expect us to trade up to the gap resistance at 84.48. Longby uprisetraders3
Anheuser Busch Inbev NVUnfolding Head and Shoulder currently on Demand Zone, going long towards QMLLongby TheGreatestMarketAnalyst5
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.by SchalkLouwUpdated 7
$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. Longby MarcoOlevano6
JSE:ANH ABInbev Upward Stride Set to ContinueABInbev has been trading in defined upward channel. After testing the overbought line we have seen a significant bar indicating the upward stride should continue.Longby SteynTrade4
ANH: add to your radar screenDepending on what the rand will do within the next couple of days. Rounding top pattern might be unfolding (see the black pattern). Rounding top patterns may form at the end of an extended upward trend and this pattern may indicate a reversal in the long-term price movement. Wait for further bearish technical confirmation.Shortby Peet_SerfonteinUpdated 4
BUD - LongBUD has just completed a Wave 4 of 5 impulse wave. Target is 110-115 by early November.Longby RayTrounday113
ANH - Resistance Held We may derive the following from the Daily ANH chart: 1. Price has respect our resistance level (purple box). 2. Price should in all probability continue to drop further. 3. Monitor price action and look out for further short opportunities. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Shortby zeerotrader7
$BUD -50% Next 2 YearsChart pretty self explanatory. Rounded top formation into 5 waves down, retrace A-B-C correction, now ready to take next leg down. BUD could be sub-50 by the end of 2021 at the latest in my opinion. So....maybe this Bud's NOT for you...Shortby UnknownUnicorn1314136116
$JSEANH Break out targets R1425 - no position$JSEANH Break out targets R1425 - no positionby gillybloreUpdated 5
Correction on AB Inbev ongoingthe MA15 and 50 were already strating to go closer together the last 2 weeks and after the red day on the BEL20 index last Friday they finally crossed. Last time this happened a correction came, so I expect the same to happen now. Looking at the fibo levels we might go to the 85-86€ levelShortby noochboy1
ANH - Headwind We may derive the following from the Daily ANH chart: 1. Price rocketed up - as analysed (See linked idea). 2. Majority of profit can be taken. 3. A reversal over the next few days is likely. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.Shortby zeerotrader115
BUD technicals and fundamentals look greatFundamentals Analysts are pricing BUD @$118 (24% above current price!) New products and hype. Technicals OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years. BUD is breaking above a weekly resistance 50SMA. Longby dorfmanmaster1
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€ areaLongby noochboyUpdated 1
IPO TO GIVE A ESTIMATED $9.8 BILLION BOOST TO BUDNEWS EVENT Anheuser Busch Inbev (BR:ABI) NV ADR (NYSE:BUD) stock gained 1.1% after Bloomberg reported that the planned Hong Kong IPO of its Asia Pacific beer unit is priced in the HK$40 to HK$47 range. That means the IPO could raise as much as $9.8 billion. Trading is expected to start on July 19. Longby RedHotStocks119
$JSE-AHNJSE:ANH Making cup as continuation pattern. Wait for break of the necklineby ALSITRADERUpdated 9
ANH - Bullish ChannelLooking at the INBEV, we may derive the following from the Daily chart: 1. Price is finding resistance at 129. 2. We still have a bullish channel to possibly continue the move up. 3. A break above the horizontal resistance should take us up to resistance within the channel. 4. As always - maintain your risk management. Let's see what happens. Note: The views provided herein do not constitute financial advice.Longby zeerotrader4