SamSuka
The Long Investor
The Long Investor

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$BUD - WATCHLIST -

$BUD has now bounced from $45 to $63 in 2025 in a serious show of strength against the market but if we look at the chart we can see that $BUD has not been following the market for the last 6 years and has been consolidating between the blue line range since 2019.

So it is not a surprise to see $BUD going against the market now, especially since its fundamentals are still very strong.

Two big levels for me to see is $BUD holding above the 200 WMA at $59 and breaking out of the yellow channel at $67 next, successful at both then I believe a reversal is on up to $79 next and ultimately to complete Wave 3 at $119.

$BUD - WATCHLIST -

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