Ambev - Breaking Trade 12/03/2024There was a great breakout trade opportunity on Ambev's stock, enhanced by a refined entry strategy. The red zone highlights a key resistance level where the price struggled to break through. Eventually, a breakout occurred with a strong bullish candlestick, confirming buyers' strength. However, ins
15.73 B
About AMBEV S/A ON
Sector
Industry
CEO
Carlos Eduardo Klützenschell Lisboa
Website
Headquarters
São Paulo
Founded
1853
FIGI
BBG000BN5VZ4
Ambev SA engages in the production, distribution, and sale of beverages. Its products include beer, carbonated soft drinks, and other non-alcoholic and non-carbonated products. It operates through the following geographical segments: Brazil, and Central America and The Caribbean (CAC), and Canada. The Brazil segment focuses on the beer sales division and the NAB sales division. The CAC segment includes its direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, Barbados, and Panama. The Canada segment covers includes domestic sales in Canada and some exports to the United States market. The Canada segment represents the Labatt’s operations. The company was founded in 1853 and is headquartered in São Paulo, Brazil.
$ABEV: Bullish Gartley Visible on Higher TimeframesAmbev after bouncing from the PCZ of a Bullish Gartley has held and consolidated marginally above the PCZ and while doing so has shown signs that it could continue up higher from here without a secondary retest of the 0.786 as it has Recently Broken out of a Bullish Dragon and Bounced from a smaller
Buy $ABEV - NRPicks 06 MayAmbev S.A. produces, distributes and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt and food products in the Americas. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada.
Revenue TTM 15.6B
Net I
Ambev is drunk. ABEVAnd likely dropping in value. B Wave with B wave of a grander consolidation pattern. DMX, RSX support this notion. It is ironic that the majority of our positions are shorts. Could this be a canary in the coalmine for a major collapse on the equity markets in the first half or a third of next year?
Abev Oversold, turning. ABEVOversold (?C Wave) now coming back again. We are locally bullish on this one. It's still early days of general correction on this one. And like all that has come up must come down, all that had dipped south too fast must rise up again. We are betting on this to be the case here.
We are not in the
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An aggregate view of professional's ratings.
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