AB InBev's share price drops since a few weeks. Now we see that the share price recovers by breaking a declining line a in main indicator that follows the track of stocks. But more interesting is the positive divergence, indicating the negative momentum turns to a positive momentum supported by hammers. Nevertheless an inverted hammer can delay the advance of the...
This one is from an older put sale as well and just another buy low, sell high set up.
A PRIME example of 'being an owner and not just a buyer.'
Dollar Cost Average is presently $103.15
Price may be on a recovering position after the correction phase since last year October.
Price may be revisiting the resistance of US$111.91 and US$118.16 (SMA200).
Support will be set around US$106.58, followed by US$103.98
I love BUD long term down here. We had a put sale get put shares a few months back. Buy low, sell high.
I know how BUD makes money and I use the often. ; -)
This is deeply OS but there is more room for it to fall on the daily - however, there's a bullish macd cross. Note the candle it's bought up but big negative volume. This being BUD with its huge yield, there should be a bounce soon. We're at late 2014 levels currently and blown the 200 sma
Well, the NYSE:BUD ran the first stop at $111 and now at the second one, $102, it formed a doji. Also, the price is below the KC channel and in the extreme oversold territory. I think it is a good opportunity to long this for a price target of $110.
Only 1 contract wouldn't make you rich, BY ANY means, however, this is a company that I know how they make money and I use the 'often'. Beer - always a good long term industry. It's not going bank rupt... ever?
#buylowsellhigh
