predator75
Short

PHILIP MORRIS NYSE SHORT

NYSE:PM   PHILIP MORRIS INTERNATIONAL INC
Some indications are highlighted in the analysis. The conclusion is to SELL.
Mar 24
Trade active: Price fell exactly at the first target. However i'm maintaining position since its my trading style.

Expect a upwards correction now, to form maybe a double top before the fall.
Apr 04
Trade active: The upwards correction ocurred, a possible double top is forming.

Comments

How did you come up with this channel, particularly with resistance line?
Reply
savdogar predator75
@predator75, Thanks for replying. It's close to resistance now, wondering what's going to happen.
Reply
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