Anheuser-Busch Inbev (ANH) | The share has consolidated for just over 3 weeks with the structure having developed a rectangle pattern where the price closed above the resistance. The technical indicators suggest strength however from a short term trading perspective we would like to see the price remain above R1070 as evidence that a trend continuation is at hand. Note the price above a rising 20-day EMA (positive development).
This chart forms part of a large research note.
This chart forms part of a large research note.
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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.