Altria Group: Buy PotentialRetesting the monthly key area and daily time frame Ichimoku cloud successfully, I'm expecting the upside momentum to continue.
PHM7 trade ideas
MO Altria Group possible A=C plus bear flag Let's discuss it.Hi ,
Well, first of all, it's important to note that I have an open position in this dividend-paying stock because I want to hold it for the long term.
However, we should not ignore the fact that we will start wave C of a possible ABC correction soon. We can also see a bear flag shape. Both have a price target of ~$14 to $15.
Regarding the fundamentals, some important things:
Traditional tobacco companies have to face the fact that their products are becoming more and more expensive, thus many people buy cheaper products.
Vapor and liquid alternatives are increasingly popular among the younger generation. Because they are fragrant, tasty and cheaper.
Although these companies have made a lot of profit in the past decades, they are now facing another challenge. If they want to stay competitive, they have to develop to catch up with their competitors who produce products based on new technologies.
Altria Group is constantly working to achieve this. However, the transformation of the production technology and the necessary permits (e.g. FDA) are essential for its success. It's all money and time.
All in all, I think that stocks of traditional tobacco companies are still a good long-term investment. However, it should be taken into account that they may underperform in the coming months. And they can hit new lows.
That's why I didn't use all my resources that I intended for this stock. Because if we actually reach the ~$15 zone, then I want to significantly increase my position size there.
Please tell me what you think about it. And share your thoughts.
Do not forget. This does not constitute investment advice. Do your own research before entering a position.
MO - ALTRIA RECOVERY SCENARIOPoor financial results (earnings) in certain situations can lead to a quick decline followed by a rapid rebound. Altria is a stock that operates in industries heavily affected by US taxation, such as the so-called "sin tax." This implies that people are unlikely to give up their habits during times of uncertainty; on the contrary, they may stick to them even more firmly. Keep in mind the first 2 institutional holders are Blackrock and Vanguard.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Altria: High Time to Get High 🚬Having deposited the low of the magenta wave , the price of the Altria share now faces significant increases. The turquoise wave B should thereby reach the turquoise target zone between $50.67 and $53.47. After placing the top there, we expect substantial descents to below the support at $40.35. If the price falls below this support already now, our alternative (40% likely) would activate, and the stock would already be in the turquoise wave alt.C
Altria: Loping 👟After a longer downwards stage, Altria is loping upwards with more drive again. The share should keep up this momentum, as we still expect it to reach the compound consisting of the turquoise zone between $50.29 and $52.07 and the magenta zone between $50.67 and $53.47. There, Altria should finish wave B in turquoise and turn southwards again, making its way below the support at $40.35 to complete wave (B) in magenta. However, there is a 40% chance that the share might not be able to tap the northern zone-compound. In that case, wave alt.B in turquoise would be concluded already and Altria would directly drop below $40.35.
Long on MOJust a RECAP. I lastly took a trade on ALI BABA and got a sold profit of 12%. Now, stock crawling and finally came across MO(Altria group). It got a beautiful pattern, multiple tops and multiple bottoms.
I started accumulating this stock at the $43.83 - $43.30 levels. And our take profits should be the $47.50 level. I will keep updating if I find anything else interesting in this stock
As always, please do your own analysis and trade wisely folks - Thanks
$MO with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:MO after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 81.82%.
Altria Group (MO) bullish scenario:The technical figure Triangle can be found in the daily chart in the US company Altria Group, Inc. (MO). Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. Altria is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation. Altria also maintains large minority stakes in Belgium-based brewer AB InBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker Juul. The Triangle broke through the resistance line on 15/04/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 15 days towards 46.65 USD. According to experts, your stop-loss order should be placed at 44.49 USD if you decide to enter this position.
Altria will be looking to display strength as it nears its next earnings release, which is expected to be April 27, 2023. In that report, analysts expect Altria to post earnings of $1.19 per share. This would mark year-over-year growth of 6.25%. Our most recent consensus estimate is calling for quarterly revenue of $4.98 billion, up 3.29% from the year-ago period.
Investors should also note Altria's current valuation metrics, including its Forward P/E ratio of 8.87. This valuation marks a premium compared to its industry's average Forward P/E of 8.72
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals and cannot be held liable nor guarantee any profits or losses.
Altria: You Can Get It If You Really Want 💪You can get it if you really want,
You can get it if you really want,
You can get it if you really want,
But you must try, try and try,
Try and try, you′ll succeed at last.
Altria should take the lyrics of this famous rocksteady song by Jimmy Cliff to heart and continue trying to reach the compound consisting of the turquoise zone between $50.29 and $52.07 and the magenta-colored zone between $50.67 and $53.47. The share can then use either of both zones to complete wave B in turquoise before turning downwards again, resuming the descent below the support at $40.35 to develop wave C in turquoise. There is a 35% chance, though, for Altria to start the downwards movement below $40.35 earlier. In that case, the share would have finished wave alt.B in turquoise by now, would ignore the zone-compound on the upper side and thus deploy wave alt.C in turquoise directly.
ALTRIA GROUP new bullish expected
Hi viewers, MO bullish in last periods, price currently on zone, expecting to see bullish continuation
TP1:49
TP2:50
TP3:51
MO - BULLISH SCENARIOAltria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company.
The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.
The next price target is located at the $ 53 local resistance level.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Understanding Key Technical Analysis Terms in Stock Market TradiThis article provides a comprehensive guide to the key technical analysis terms frequently used in stock market trading and investing. This includes "Yearly High Close," which refers to a stock's price closing at or near the highest level it has reached in the past year, and "CCA Squeeze," an indicator that helps identify consolidations and signals when prices are likely to break out. Other terms such as "Inside Week" and "Potential Breakout" are also explained in detail to help traders and investors make informed decisions.
$MO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 25%.
Lets talk long term tobacco Revenue in the Tobacco Products market amounts to US$106.40bn in 2023. The market is expected to grow annually by 0.72% (CAGR 2023-2027). The market's largest segment is the segment Cigarettes with a market volume of US$82.67bn in 2023. Lets just take a moment to look at this beautiful char tho. MO is lookin pretty much recession proof guys. with amazing dividends makes sense to start stacking this bad boy.
some stats on tobacco industry out look.
Long MO mid to short time framesyet another options play most likely here guys.. 50$ strike 17 feb 23. about 22-23$ rn. avg buy at 23$. gl
$MO with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
Altria Group (MO) bullish scenario:The technical figure Pennant can be found in the daily chart in the US company Altria Group, Inc. (MO). Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. Altria is the parent company of Philip Morris USA (producer of Marlboro cigarettes), John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation. Altria also maintains large minority stakes in Belgium-based brewer AB InBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker Juul. The Pennant broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 5 days towards 46.63 USD. Your stop-loss order, according to experts, should be placed at 40.35 USD if you decide to enter this position.
Altria will be looking to display strength as it nears its next earnings release, which is expected to be October 27, 2022. The company is expected to report EPS of $1.31, up 7.38% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.65 billion, up 2.15% from the year-ago period.
Digging into valuation, Altria currently has a Forward P/E ratio of 8.75. Its industry sports an average Forward P/E of 8.76, so we one might conclude that Altria is trading at a discount comparatively.
It is also worth noting that MO currently has a PEG ratio of 1.46. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Tobacco industry currently had an average PEG ratio of 1.13 as of yesterday's close.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$MO to break into a downward trend Friday Sept 2nd Watch List.Trendsi Indicator has provided all Bearish Signals for MO. Watching it to break 44.47 and trade below it to continue falling to the next support around 43 range. RSI is currently at 54, watching it to break down around 40 to 30 range to enter. Overall Trendsi has indicated RED EMA cross over, Sell Signal, and money momentum shifting down. 3 bearish signals, waiting for confirmation for RSI to trend down.
Trade Safely and smart Team. As Always LETS PRINT!!
More altitude to be gained by Altria. MOWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
10 EMA hammer play on MO Hammer above the 10, 20 EMA
Love the lower wick below bull candles and small upper wick.
Target into the weekly 100
Lower!Might probably go down another 10% or so but I am happy to start buying here because of the dividend ! Probably 1/3 or 1/2 position in case it goes down to the bottom of the up trending channel! Just my opinion
MO - Incredible Continuation Pattern Using Fibonacci circles we can see price rise above the circle briefly then retest the area as support, this is a common feature among 1.618 and 3.618
In both situations this pattern has led to continuation of the bull trend, which looks strong (dashed line)
