Looking at the INBEV, we may derive the following from the Daily chart:
1. Price is finding resistance at 129.
2. We still have a bullish channel to possibly continue the move up.
3. A break above the horizontal resistance should take us up to resistance within the channel.
4. As always - maintain your risk management.
Let's see what happens.
Note: The views provided herein do not constitute financial advice.
1. Price is finding resistance at 129.
2. We still have a bullish channel to possibly continue the move up.
3. A break above the horizontal resistance should take us up to resistance within the channel.
4. As always - maintain your risk management.
Let's see what happens.
Note: The views provided herein do not constitute financial advice.
