Ambev: week 8 holds above the first target, but momentum stays weak

Ambev is in week 8 of a buy signal: the first price reference has already been hit, but the trade is oscillating roughly at break-even. Signal strength has slipped to 42 out of 100, with a weekly bullish structure that is losing some shine. It ranks 5th among the 6 open buys in rest-of-world stocks, with earnings due in three-four weeks.