imo offshore tech money piling into CR then spreading word to other offshore peers of story + maybe speculation on one of those deals landing shortly
plus a technical chart that had to explode once it broke above the short term lower high neckline. i agree with the elliott wave view - which usually indicate a move 2-3x the initial 6c-mid 20c move from what ive read - though im no expert on that
it isnt just BUD though - WBT did this for about 4 of the past 6,7 trading days - trading above bollinger extreme for 3 days - which is very very rare
i remain convinced appl has unlocked a 4th qtr tech frenzy - iphone x queues have driven investors back into appl for dec qtr result at very least
appl big driver of Dow and Nasdaq - so tech stocks should run under its big wide greasy umbrella
nice to just sit back and watch
BUD Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
