BUD
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.
Need a Buddy? Get a BUD, u will get wiser.But wiser looks like will play side wise for a while before it breaks down for the short side. Good to keep in the upcoming short list. If you look at the angles, then from 15 degree to 30 degree and then 30 to 60 degree. I have seen stock going up to 90 degree range. But so be cautious for a new high. But more then not it's time to watch and carefully prey the BERR for free.
BUB- Buying Jul16, 130 Put (Short)BUD- Buying Option Put (Short)
Trade Logic: Head & shoulder, Money flow divergence & volume is drying up
Closing bottom half of the range & rejecting the resistance.
We are considering Only Option trade as huge risk involved with the Brexit Vote, Stock will exposes us to higher risk.
Option: Jul16 130 put, currently $4.40
You can check our detailed analysis on BUD in the trading room link here-
Trade Suggestion Date: 22/6/2016
Trading Room - Executive summery link:
Time Span: 6:15”
Trade Open: 22/6/2016
BUD- Is It Almost Time To Grab Some Buds? 4-22 Gosh, might want to think about grabbing
some buds as the green lines are a bull channel folks.
Red is resistance, blue is support that defines risk
upon an entry. No need to make it any harder than that.
Feel free to follow on TWTR at
@AmazingPatterns
For informational and educational
purposes only, these are not
recommendations, trade at your own risk.