Belgium: AB InBev shares return to the negative fluctuation – Analysis – 13-8-2018

AB InBev shares price ended its bullish correction by providing clear negative close below 89.70, to form additional resistance and provide some negative trades by reaching 84.77 level, while the price consolidation within the bearish channel besides stochastic providing additional negative momentum by crawling below 50 level allows us to keep the negative overview that targets 82.10 followed by 78.90 levels.

Expected trading range for today is between 87.25 and 82.10

Expected trend for today: Bearish