Long
Burger King: Structural Pick in QSR
Technically, after the breakout from the level of 168, the price has retested the level which is a strong sign for further rally.
One can go long as per the given target and stoploss levels.
Fundamentally, increasing disposable income, inclination towards ready to eat food, high working age population, females getting into workforce are a few reasons in the culmination of the structural change in the business model.
#TradeTheTrend#TechnicalPick#FundamentalPick
One can go long as per the given target and stoploss levels.
Fundamentally, increasing disposable income, inclination towards ready to eat food, high working age population, females getting into workforce are a few reasons in the culmination of the structural change in the business model.
#TradeTheTrend#TechnicalPick#FundamentalPick
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