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Rocketman
Jun 23, 2019 6:56 PM

YILI: Its Tastes Good Too Long

INNER MONGOLIA YILI INDUSTRIAL GROUP CO.,LTDSSE

Description

Fundamental:
Another China Roaring 2020s stock called Inner Mongolia Yili. It is in in the consumer non-cyclical sector, involved in food processing. It processes and manufacturers milk products that I, personally, enjoy drinking. It tastes so good. In 2018, it was the world's best-performing food brands.
Not only are their products worth trying, but their company is stable and growing.

Technical:
The stock bounced from some long-term moving averages on large time frames. It also consolidated a bit and now it is breaking out. The stock's trend is a slow and steady rise over a long stretch of time, paying a dividend.
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