MO moves on the 2H like a large caps and seems to have upside in its current trend up. I am targeting recent pivot highs and an overall trade of 10% . I will look at call options as well. MO has two minor earnings beats in a row after a miss. Albiet minor fundamental momentum, I will take it as a sign that MO will do well. Its business model is keeping...
PM has decisively broken below the uptrend trendline, signaling a significant shift in the trend. Simultaneously, the downtrend trendline has been consistently respected, suggesting mounting selling pressure. Therefore, it is anticipated that Phillip Morris will face substantial downside pressure in the coming weeks. As a result, the price is likely to decline...
MultiTimeFrame Stochastic RSI and CMF indicators. On the main chart: Elder System, EMA 5,20,50,100,200 and Parabolic SAR. It looks a little saturated but I think it's easy to understand with the pitchfork. I add some shares on the dashed yellow line. This is not an investment advice.
📉 NYSE:PM SHORT H4 🛒SELL BELOW = 76.30 🎯Target1 = 72.35 🎯Target2 = 70 🎯Target3 = 66.05 🛑Stop loss or cancel trade = 82.65 🙈Recommended risk = (2%-3%) #PM #PMSHORT #SHORTPM #PMSELL #SELLPM
PHILIP MORRIS detailing complex Correction with ''WXY''. Regards, Team Traders "PowerfulTraders" flat
Philip Morris (PM), Daily chart: Resistance line + Bearish Engulfing candles pattern + Side of Bollinger bands (20,2) + Hidden divergence on RSI(14)
Long Entry @ 88.31 Stop Loss @ 87.42 Target 1 @ 93.82 Target 2 @ 96.99