The technical figure Falling Wedge can be found in the Swiss company Givaudan SA (GIVN.vx) at daily chart. Givaudan is a Swiss multinational manufacturer of flavours, fragrances and active cosmetic ingredients. As of 2008, it is the world's largest company in the flavour and fragrance industries. The Falling Wedge has broken through the resistance line on...
The last short brought a good return. Not there is a good chance, for a second round. From my perspective this entry has technically and fundamentally a very good risk/reward.
At european close, things still looked like they could turn. But now, no bro. I hope you got in to the right direction.
GIVN is raising prises for its customers. "With higher input costs in 2022, the Company is continuing to implement price increases in collaboration with its customers to fully compensate for the increases in input costs"
Main flavor producer..From Coca, Pepsi, KFC, Macdonald most fast foods, Maggie Mee, most branded perfumes till potato chip, crab meat etc flavor etc