$BUD - RC -
Added 2024-08-20 11:45:00 +0000 UTC$BUD remains in this very long and tightening wedge as the market slowly starts to forget or maybe forgive their dreadful advertising campaign last year
I suspect $BUD will stay away from the Woke community in the future and know their audience
Price has been spiraling around the 50 and 200 Day MA which further confirms the consolidation as everything is aligned together, which means there has been no movement for some considerable time
A breakout above $65 and the price can move back up to the blue line at $79, converting this level to support and the Bull Case is confirmed and so is Wave 3
Any breakdown of the wedge and $32 at Wave B can not be ruled out.
