Get healthier and richer with this Company - Vitasoy

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bloomberg.com/news/articles/2019-06-04/family-gets-rich-as-a-poor-man-s-drink-takes-hong-kong-by-storm

Read this article above to get acquainted with this great company; Vitasoy.

As a soymilk drinker myself, I am aware of this brand in SG. To save costs on the long term, I make my own soy milk possibly every morning. Healthier, cheaper and nicer as well.

To have a 60% market share in China is no mean feat for this Company and I believe RTD soy milk will be a hit among the youngsters , growing middle income group to come.

Looking to buy this great company soon
Ghi chú
Praise Lord, bullish engulfing candle .
Ghi chú
You can see that when you trade with Day chart, the price action moves much slower compared to smaller time frame. From 5 Dec to now, 19 days later, price is still within the triangle. Probably after Christmas, we might see some real action of breakout or breakdown. Be patient.
Ghi chú
Praise Lord. God is good to us as he also forewarn us to be patient and not let greed overtake us too much ,too fast. The recency effect (if you have been on a hat trick lately) is at play , thinking all things you touch will turn to gold. The powerful trend line shows that we need to obey its simple rule. Buy after the breakout , if we do it prematurely , then we are trying to dictate what the market should do, which is impossible and immature.

I see the next available support at 26 so let's wait some more. It's only a month thus far
Ghi chú
more than a month had passed and still, not much action needed on our end. Price touch 28.35 and retreat. Wait some more
Ghi chú
Finally, it breaks out of the bearish trend line. let's wait tomorrow or early next week to see if it can sustain above 28.35 before initiating a buy
Ghi chú
The time is ripe once more as it has sustained above the 28.35 level. Looking to buy small soon
345Chart PatternsTrend Analysis

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