BUD Stairsteps to Profit – Random Walk?
Anheuser Busch (BUD) has been in the news prominently as the takeover candidate of ImBev (buy-out), and the stock has responded positively in a unique ‘stair-step’ pattern which is worth examination. Let’s see what we mean. BUD Daily Chart: After rumors were announced earlier this year, the stock began to respond positively to the potential…