The Long Investor
patreon
$BUD - WATCHLIST -
🕑 Added 2025-04-02 11:22:20 +0000 UTC$BUD has now bounced from $45 to $63 in 2025 in a serious show of strength against the market but if we look at the chart we can see that $BUD has not been following the market for the last 6 years and has been consolidating between the blue line range since 2019.
So it is not a surprise to see $BUD going against the market now, especially since its fundamentals are still very strong.
Two big levels for me to see is $BUD holding above the 200 WMA at $59 and breaking out of the yellow channel at $67 next, successful at both then I believe a reversal is on up to $79 next and ultimately to complete Wave 3 at $119.
