TradersArticle

Philip Morris Bear Move.

Short
NYSE:PM   Philip Morris International Inc
Weed has been the in thing in the couple of months and with the legalization happening later the interest for those Pot Stocks are all on the watch.

Not too sure if Philip Morris will ever get a chance to create a Cannabis Infuse Cigarettes haha, But as of now this is our opinion on this stock.

There is a minor resistance holding this stock to push further up around 88 level. With a trend change base on Moving Average plotted and if we see continuous price failure to push higher,we may see more downside. Target 75/73 and will see what happens again.

Oh by the way been ripping some good profits from that last bullish run mentioned on previous post.

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