PERNOD RICARDLong
Trading Idea - PERNOD RICARD
Updated
BUY - Long-Term
Target: 190.00 EUR
Stop: 162.00 EUR
1.) Breaking out of the consolidation area (POI 159.00 EUR)
2.) intact uptrend on D1 chart
3.) The growth is taking place in the Asia-Pacific region. China is acting as the engine of spirits consumption after the country was the first to recover from Covid-19. The French (Pernod Ricard) are the market leaders there. But business is also improving in India.
Target: 190.00 EUR
Stop: 162.00 EUR
1.) Breaking out of the consolidation area (POI 159.00 EUR)
2.) intact uptrend on D1 chart
3.) The growth is taking place in the Asia-Pacific region. China is acting as the engine of spirits consumption after the country was the first to recover from Covid-19. The French (Pernod Ricard) are the market leaders there. But business is also improving in India.
Trade closed: target reached
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