Buy CCL Products for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
.
💡Management highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
.
💡It is looking to double the Vietnam capacity from the current 13,500 tones given higher than industry growth for CCLP in Instant Coffee.
.
✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
.
‼️ The stock had given a Multi-Year Volume Breakout in July 2021 and then it was in a retracement phase forming a Rounding Bottom at Multi-year support level. Now with the volume breakout on Daily TF too, we can expect a strong uptrend from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄
Comment your views‼️😄
.
💡Management highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
.
💡It is looking to double the Vietnam capacity from the current 13,500 tones given higher than industry growth for CCLP in Instant Coffee.
.
✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
.
‼️ The stock had given a Multi-Year Volume Breakout in July 2021 and then it was in a retracement phase forming a Rounding Bottom at Multi-year support level. Now with the volume breakout on Daily TF too, we can expect a strong uptrend from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share 😄😄😄