Sublime_Trading

Fever-Tree Drinks proving to be SOLID yet again!

Long
LSE:FEVR   FEVERTREE DRINKS PLC ORD GBP0.0025
Fever-Tree Drinks FEVR performed well for me last year.
This is a fairly new stock, only floating on the UK stock market in December 2014.
Despite this, the stock has outperformed others which have a long track record.

After the strong move up over the past couple of years, price went into consolidation and
used the daily 200 moving average as support.
Finding strength recently, price has now managed to break through the resistance levels of the consolidation zones.

This is a stock that is back on my watchlist as this breakout could signify the start of another strong bull trend.

Any comments or questions, do not hesitate to leave them below.

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