$Ambev SA(ABEV.US)$ Initiating closer look at price action, zooming out for birdseye view on the 1Mo chart. Evident patterns of pull-back lasting 3mo, last one extended to 4mo now month May'25 into 5th TBD how it closes EOM. Oppotune to seek out bottoming formations on lower timeframes. Shoutout to
@Nidia_Girl for the funadementals feedback. Owing to forecast of lower numbers expected for Q2'24 as indicated by
@Nidia_Girl, I'm a bit skeptical this ticker can make it beyond 2.85; however so 3.06 ...