Bubbling Higher Or Headed For A Bust?
In today’s short educational trading video, I’m going to share with you an interesting set-up I see in SodaStream (NASDAQ_SODA).
Here is some fundamental background on SodaStream, courtesy of Wikipedia.
SodaStream is the maker of a consumer home carbonation product based on the principles of making a carbonated drink as originally invented by Guy Gilbey in 1903. The device allows users to take ordinary tap water and carbonate it to create soda water (or carbonated water) to drink. With the addition of one of over 100 different types of concentrated syrups and flavorings produced by Sodastream, owners can create carbonated beverages. After the company merged with Soda-Club in 1998, it was relaunched with an emphasis on healthier drinks. It went public on the Nasdaq stock exchange in November 2010. Sodastream is currently headquartered in Israel, and has 13 production plants.
Judging by the feedback in a private sneak preview of today’s video, you won’t want to miss this video.
I hope you enjoy the video and more importantly learn how to use the technical tools mentioned so you can add them to your trading arsenal. For more information on the tools I use in this video, click here to visit MarketClub.
Enjoy the video and every success in your own trading,
Adam Hewison
