For the true chartists out there..
BUD has completed its perfect Fibonacci
Retrace.
It’s exactly on the number of 61.8% from the high to the low.
In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Time to rise and shine!
BUD Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held