see chart
Concerns - inflation which impact the sales
Intense competition from both local and foreign players
Lifestyle brand like Xiaomi launches its own brand of mineral water , tapping on its consumers base buying its products (cross selling)
Please do your own due diligence!
Concerns - inflation which impact the sales
Intense competition from both local and foreign players
Lifestyle brand like Xiaomi launches its own brand of mineral water , tapping on its consumers base buying its products (cross selling)
Please do your own due diligence!
Note
unfortunately, the breakout was fast an furious and it spike up pretty fast !Note
very strong support at36.80may nibble some next week
Note
With greater emphasis on health globally, look at Thailand imposing a SALT tax as people in TH are said to be eating too much sodium laden food. Diabetes worldwide is still on the rise and imo, bottled water will become a mainstream product as people perception is if I can't take this fizzy drink , too much sodium food, then at best I stick to bottled water, what could possibly goes wrong ?Note
46.30 proves to be a very strong support.Note
awaiting for this resistance level to clear first (46.30) before adding more
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.