Pretty much one way traffic for Anheuser-Busch Inbev after the (expensive) SAB purchase and local listing. Very strong move today after an earnings surprise for Q3 earnings. Will be interesting to see if this will indicate a reversal of fortunes. A break of the downtrend and penetration of a possible channel at around the 10800 level could indicate the start of an uptrend for this share.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.