My Outlook: The Glass Still Looks Full for Latin American Beverage Companies

Several months ago I recommended two Latin American (Chilean to be precise) companies that looked attractive due to the fact that they have been experiencing increased accumulation and strong technical breakouts. These stocks have had quite a run and consequently pulled back a bit. Both stocks have pulled back to their 50 day MA and seem ready for the next leg up. This is a great place for one to add more to their position. Also, if you were late to the fiesta, this is a good price level to initiate a small position (remember, keep all positions small for now).



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