anheuserbusch inbev bud was trading slightly higher friday amid an ongoing protest against its brand which was caused after the company partnered with transgender influencer dylan mulvaney cases of bud light are now being heavily discounted by some retailers looking to offload their inventory amid the downturn in sales since the controversy began on april 1 anheuserbusch has fallen about 16 the downturn in the stock could present an attractive opportunity for bullish traders who are comfortable with higher risk levels because the stock has been less volatile recently and on thursday bounced up from the golden pocket anheuserbusch is also trading in an inside bar and a break above or below this pattern could potentially indicate the shortterm future direction of the stock an inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the direction of the current trend an inside bar pattern has more validity on larger time frames fourhour charts or larger the pattern has a minimum of two candlesticks and consists of a mother bar the first candlestick in the pattern followed by one or more subsequent candles the subsequent candles must be completely inside the range of the mother bar and each is called an inside bar want direct analysis find me in the bz pro lounge click here for a free trial the anheuserbusch chart anheuserbusch dropped 24 on thursday leaving a gap above between 5579 and 5657 gaps on charts are about 90 likely to fill which suggests the stock will rise to fill the gap and if anheuserbusch breaks up from thursday’s mother bar the stock may find resistance at the top of the empty trading range next week   anheuserbuschs inside bar leans slightly bullish because the stock formed the inside bar on friday near the top of thursday’s trading range bullish traders can watch for the stock to break up from the mother bar on higherthanaverage volume to indicate the pattern was recognized   if anheuserbusch trades up toward the 56 mark the stock will regain the eightday exponential moving average which would give bullish traders more confidence going forward if anheuserbusch can break up above the top of the gap the stock’s current downtrend would be negated   bearish traders want to see anheuserbusch continue to trade sideways and then for big bearish volume to come in and drop the stock down under thursday’s lowofday which could accelerate a move to the downside if that happens the stock may find at least temporary support at the 0786 fibonacci retracement level   anheuserbusch has resistance above at 5562 and 5795 and support below at 5293 and 5144 read next mark cuban vs chamath palihapitiya billionaires battle over go woke go broke mantra