Comparing public european spirits drink companies ... Comparing public european spirits drink companies ... just that and bacardi isn't European or public
PER trade ideas
Trading Idea - PERNOD RICARDBUY - 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.
Pernod Ricard Break of a head and shoulder, and Island formationA beautiful Island formation occured on pernod ricard, both gap occured around the 121 level, plus the formation also shows a head and shoulder decisively broken. Sell 120.1 Stop loss:121.3 Take profit: 111.65
