Peet_Serfontein

ANH: crossing above its 200-day simple moving average

Long
JSE:ANH   ANHEUSER-BUSCH INBEV SA NV
A price action above 106100 supports a bullish trend direction.
Further bullish confirmation for a break above 109800.
The target price is set at 113300.
The stop-loss price is set at 1036000.
Crossed above its 200-day simple moving average, which might set the long-term trend as bullish.
Building a base. The bigger the base, the bigger the space.

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