INTERNATIONAL BREWERIES PLC
Long
Aggiornato

$INTBREW OVER 75% RETRACEMENT & 4-YEAR CONSOLIDATION

198
Even though INTBREW International Breweries PLC has shown Market Leadership & Strong Brand Portfolio Owning popular brands like Trophy, Hero, Beta Malt, and Castle Lite it's share price has lost over 75% of its value across 4years.

#INTBREW Current Price: 5.4

In light of the value lost, Price action has also shown a 4year consolidation between 3.5 - 6.5 (termed Buy Zone) in the Charts.

A break out of price above 6.5 can lead to much higher prices.
Resistance above: 6.5, 9.6, 13.9

This idea is invalidates when price action loses support at 4.0

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Trade attivo
INTBREW still in buy zone...
Nota
Still in buy zone!
Nota
Out of Buy Zone!
Trade chiuso: obiettivo raggiunto
Approaching 13.9 and above...

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