$BUD - WATCHLIST -
Added 2024-10-04 18:56:20 +0000 UTCBringing this back to your attention now as the price is testing the ascending triangle top line now at $67.50 this week, a breakout and hold above this level next is a bullish signal, if the price can hold above this level then the blue line is the next target at $79
$67.50 has been a resistance line since the start of 2023, so flipping this level to support will be significant and I would expect a reversal then, Fundamentals look good here and Gates has been a buyer over the last year here too.
Something to consider shortly.
Comments
what is a good buy point for BUD?
Johnathan Pinkhasov
2024-10-08 15:26:40 +0000 UTCSector leader....lower costs, increase margins, trim count, buy back shares, increase EPS.....a lot of options
Gareth Neary
2024-10-08 11:57:44 +0000 UTCWhat is the fundamental reason the stock should do well? I was thinking there is not much growth for $BUD anymore
Bram Alleman
2024-10-08 11:52:50 +0000 UTC
