MO RSI Divergence Short
MO formed a bull flag in the last quarter of 2016 and has broken out to higher highs. The RSI has not followed and confirmed the price strength. The target for the bull flag is $74 price level.
Watch for confirmation of price action and RSI Divergence. We will then look to buy puts.
Watch for confirmation of price action and RSI Divergence. We will then look to buy puts.
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