1NBA trade ideas
ANH - Bearish Flag continues. Time to top R100?ANH has performed well to a bearish flag pattern. Hopefully we can see it hitting R100 shortly.
JSE:ANH ABInbev still holding for a test of R1200Following the post in March (See below), we are still holding for a test of R1200. There has bee a pullback after a reaccumulation range on lower volume and we are looking for a push higher to complete.
AB INBEV (ABI) Important Breakout!
hey guys,
ABI has broken and closed above 44.0 level.
taking into consideration a very oversold market and higher low formation,
it looks like bulls are ready to push higher.
next goal is 56.0 level based on structure!
good luck!
BUD Strong Potential Catch Up PlayNYSE:BUD taking a monthly #RevStrat up (inside month, followed by month down, followed by month up).
Trapped shorts from last month combined with natural buyers entering the new month up equals strong potential for move up.
Buyers looking to put money to work in catchup names, BUD yet to participate.
Would like to see the daily low hold. Might get another pullback to shake out the breakout buyers, but might not come back.
Will be watching closely.
Go time for now.
This Buds For YouI think this is in for an uptrend with most states opening back up summer around the corner.. if your gonna own a beer company might as well be the biggest. so i would enter on a pullback to the 50 ma and watch for a break of channel resistance in week or two.
ABI done consolidating?ABI broke above the 180D SMA, previous resistance should be an easy target. However, for a potential trend reversal I am waiting to see a pullback to that SMA.
ANHEUSER-BUSCH INBEV_longNYSE:BUD
The company is good, and the beer is not bad.
We were able to break through the level and solidify.
I'm gonna go into the long of 49 with a short risk.
I'll hide the SL under the level.
My best $BUDGoing in on some 6/19 $65 calls
Not much TA here but this could be good play from a stock that hit its all time low. It was sitting this low in 2009 after the crash. Bars, restaurants, and stadiums are all closed but people are going to be drinking away the pain still. Expect beer sales at grocers to skyrocket. Beer delivery has also been implemented.
JSE:ANH AB Inbev Uptrend in a DowntrendAB Inbev has been trading in a defined downtrend. However, price has reached the oversold line and a volume spike indicates supply. A reaction of the trendline indicates the start of a potential uptrend in the downtrend. The potential is to take us back to the yearly pivot point and oversold line which could take us back to R1200.
AB INBEV (ABI): Bearish Forecast
AB INBEV has recently broken below a key level of support.
after a retest, the price shows its unwillingness to go higher.
I believe that now we can expect a bearish continuation with you,
taking into consideration a long term bearish bias.
key levels to consider:
63.0
57.0
Please, support the idea with like! thank you!
Top5 oversold/overbought according to RSI & Anheuser-Busch InbevWelcome back Aspen & Tiger Brands! After some pressure years, they’re both back into “overbought”.
Top 5 Oversold & Overbought currently according to their 14-day RSI’s:
Oversold:
City Lodge Hotels 26
Anheuser Busch Inbev 27
Ascendis Health 28
Nampak 28
PPC 31
Overbought:
Capitec Bank 83
Aspen 75
Tiger Brands 72
Emira Property 70
PSG Group 70
This week I want to spend some time on Anheuser Busch Inbev. What a fall from grace, after some pretty shocking results. Up to end of August ANH was one of the top performing shares on the JSE. But with the recent turn of events, find the trend very much against the share price.
Just before the results was released, the share price broke through the 50-day moving average & found some support at the diagonal support line. Bad results did however not only see the share price break the diagonal support, but also cut through the 200-day moving average like a cold beer on a hot day.
We did however see the share price again find strong support at the horizontal line where ANH found 5 times already this year (at R1155). Should the support hold, could see the share testing the R1200 levels again followed by the 200-day moving average at R1264. This brings us in range with our target price on the company (at around R1300). Read the full report by clicking here: oldoak.co.za
Although the share price finds itself EXTREMELY oversold according to it’s 14-day RSI, the very much downward sloping 50-day moving average isn’t making me feel warm and fussy inside. I don’t currently hold any positions in the company but will monitor it closely (wait for confirmation). Should we see a break below the current horizontal support, will have me monitoring the R1030 levels again, which will place the trend slap-bang back into the parallel channel. This currently would act as my entry point.
ANHEUSER BUSCH INBEV (ANB) SHORTAnheuser Busch InBev is literally printing short as it ticks. Prices just broke out of a bear flag pattern and now is about to do the same thing again. If it works, why change it right? This one will be selling like hot cakes, or rather like Telkom (pun intended).
Sell: At the break of the bear flag pattern.
Target is the bottom of the pattern according to the 90% rule at the 1281.60 price level
