Anheuser-Busch InBev SA/NV is engaged in the production, marketing, and distribution of beer and other malt beverage brands. Its brands includes Budweiser, Corona, Stella Artois, Beck’s, Leffe, Hoegaarden, Castle Lager and others. The Company is listed on the New York Stock Exchange.
Price chart breaking down over a year long Bearish Flag. Wait for the weekly close to confirm the move and sell on weekly closing basis. Measured Price Target comes at 88.72 if the current candle close below the lower boundary of the flag, alternatively a weekly close inside the flag will negate the bearish bias.
Price chart breaking down over a year long Bearish Flag. Wait for the weekly close to confirm the move and sell on weekly closing basis. Measured Price Target comes at 88.72 if the current candle close below the lower boundary of the flag, alternatively a weekly close inside the flag will negate the bearish bias.