ABEV firing long on the weekly TTM. Lots of volume, momentum upward looking strong. Hard to not feel bullish here.
We are seeing the chart forming a higher high after failure to form a lower. The down trend line and 50 SMA line were crossed and currently the price is being supported by the previous pivot point at $2.53. Will be looking for an entry for swing trade.
All description on the chart. Please, don't forget to like and follow. Thank you.
Friday’s price has pushed ABEV above the highs of the consolidation range that we have seen since the lows of March. The GoNoGo Trend Indicator is a strong “Go” and has been for a few bars. Initially the trend was flagged a “Go” but as it fought with resistance struggled to paint the brightest blue. It is a good sign to see the trend strengthening. In the lower...
All, Must watch on this for a break, be patient and careful. Could be a huge move in the making. Could also gap down first then skyrocket for huge gains so wait for the full candle break above or gap down to retest support and fill gap either one should be solid gain.
Hello friends, followers, and traders, Notice the arc at the bottom of the candlesticks? What this means is that the sell off has come to an end giving us the signal for a reversal. Good Luck Cheers!
buy for long term investment right now
ABEV strong trend down, puts anywhere from 3-8/contract with varying dates. Went with 2.50 7/17 exp on strong belief it will reach this low, much, much sooner. DMI in very strong negative trend. Earnings statement this week doesn't project well on the fundamental side.
Como visto no gráfico, apenas o ano de 2018 não tocou a linha de suporte entre Jan / Fev desde 2013.
Our position in #ABEV #AMBEV started on Dec. 04 confirms a solid upward trend as shown on the chart. An important test is around area $4.73 (+-0.05).
ABEV’s innovation outlook is trending down based on a current score of 36 out of 99, underperforming sector average. Over the past 4 quarters ABEV failed to beat earnings estimates and it pays dividend higher than its peers. For more analysis and articles visit our website .
Nice gap on earnings with decent vol. Want it to hold 5 then blow through 5.50
ABEV seems in the last part of a potential 3 waves correction. A strong rejection on the level posted on chart can indicate the beginning of one more wave down.