Beer
CARLSBERG (CARL_B) | Beer Lovers, This Might Be Your Chance! :)Hi,
Carlsberg A/S produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia. The company provides craft and specialty, and non-alcoholic beers; and soft drinks. It offers its products primarily under the Carlsberg, Baltika, Tuborg, Birell, Ringnes, and other local brand names. Carlsberg A/S also exports its products to approximately 100 countries worldwide.
Carlsberg has started aggressively to approach technically a great support area. Those kinds of market situations are the perfect chance to buy stocks that have been in your watch-list for years. Now, the market offers really great buying opportunities to buy those stocks from technically great and strong price zones.
Carlsberg's buying prize zone stays between 500-600. Technically it would be a perfect area to buy it or even grow your shares on Carlsberg.
For those who like beer, this is a great opportunity to justify their few evening beers with "support purchases", you just buy a beer and trying to push the price up, hopefully, it would be a good excuse! :D
Okay, technical criteria are:
1) The blue horizontal line marks 4-5 years highs and lows, it has been a really powerful resistance level which now should act as a really powerful support level.
2) Different Fibonacci retracement levels adding strength to the marked buying area, acting as support levels.
3) If the price falls as low as 500 then the round number should act as a support level.
4) 50% drop from the all-time high. It lands perfectly into our buying zone.
5) Monthly EMA200, the most powerful Moving Average combination should work as a support level.
6) Parallel channel projection (pulled from candle bodies), the projected lower trendline should add just a bit of strength into the marked area. Not the best criterion but good to know that the possible channel projection "runs" through the buying area.
Do your OWN fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!!
Good luck,
Vaido
Budweiser Brewing portfolio of 50+ brands includes Corona $1876The Budweiser Brewing Company APAC Ltd (Budweiser APAC), whose portfolio of more than 50 beer brands includes Stella Artois and Corona.
Good chance of breaking out of this downtrend channel today or this week.
Worth adding to your watchlist.
ANHEUSER BUSCH INBEV (ANB) SHORTAnheuser Busch InBev is literally printing short as it ticks. Prices just broke out of a bear flag pattern and now is about to do the same thing again. If it works, why change it right? This one will be selling like hot cakes, or rather like Telkom (pun intended).
Sell: At the break of the bear flag pattern.
Target is the bottom of the pattern according to the 90% rule at the 1281.60 price level
Heineken, cheap beer coming weeks?Not a super convincing setup, but definitely worth the trade! Remember, I only trade with 1% risk of total capital and you should too.
- On the daily we see price below the kumo cloud + a failed swing pattern for HEINY.
- Uptrend line of this little move up broke.
- I'm looking for a close below the kijun here > Renko shows me this is the case.
- Although we will probably be looking at a bounce @ the 150 EMA, I have no problem entering market short here for a better R:R trade.
- Don't mind the divergence on the chart, I cannot change it anymore > but the daily shows a big bear div, let's play!
NZD / USD BULLISH Buy me a beer after this one ;) Evening traders,
Havent looked at this one in a while, but it looks like the pairing could be due to revert back up to the bearish side.
Wait for conformation on 4 , 1 hour & 30 min to ensure bullish confirmation then enjoy!
(let me know your results)
BUD technicals and fundamentals look greatFundamentals
Analysts are pricing BUD @$118 (24% above current price!)
New products and hype.
Technicals
OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years.
BUD is breaking above a weekly resistance 50SMA.
ABI is playing an inception move on usHi all,
this is my first idea. Don't know if it can be of any use to anyone... In case it is, then thanks for liking it ;-)
According to my (maybe amateuristic) analysis I noticed that ABI is playing an inception move on us. It actually formed a nice cup and handle, in the handle of a major cup and handle.
Further more the MA's show that there might be a slight correction towards the 80€ area. Maybe a buying opportunity?
Then it should take off again towards +- 84€ and on a later stage towards the 95€ area
TAP molson coors potential bearish shark patternTAP has all the requirements to be a a bearish shark harmonic pattern except for point D has not been met yet. TAP has also broken out of its 2016 downward channel after making a double bottom. The neckline of the double bottom is currently being tested as confirmation. Plenty of momentum on the weekly timescale for TAP to continue to point D. A short sell at point D with a tight stop loss provides the best r:r of the harmonic pattern.