If you zoom out to the monthly timeframe you’ll notice Altria Group has been struggling for the past 3 years, only this year has it started to pick up. Altria forecast full-year adjusted earnings per share of between $4.56 and $4.62. Which is a bit below Wall Street's forecast for $4.60. For the second quarter, Altria earned $1.23, up 12.8%. Sales grew 8.9% to...
My old microphone died so recording my first video today on the new! Today I look at the recent price action of commonly requested symbols from social media: COINBASE:BTCUSD , BINANCEUS:DOGEUSD , NYSE:MO , NASDAQ:PLUG , CAPITALCOM:BABA
lol what? Tobacco stocks are dropping on news that Biden is planning to restrict nicotine content in tobacco products. This brings NYSE:MO down about -12% from the high two days ago but still up 14% on the year. It is an attractive dividend yield play at this price (about 7%) but waiting for it to come to a proper support before buying myself. I like ...
Break out from long term down trend. Break out from short term up trend. Pretty bullish in my perspective with immediate resistance at $50; further upside to $53.60 if can cross $50. For your inputs and trade with caution.
It is obvious in the last 6 months a new trend started in most cannabis related stocks and most of them rewarded Theron shareholders with decent rewards..! The front runner so far was sundial grower with +440% gain in last 6 months followed by Tilray, CNN, and Canopy. In my view sundial and CANN can reward their shareholders with higher profits not because they...
WAKE UP and pay attention! Pot stocks are on FIRE! While others are hyper focused on their losing bag holds from last month opportunity is being missed! This is now the theme where the money is flowing. Do not ignore it!
I think (C) of is Ending Diagonal Triangle. So waiting wave (c) of to get short position.
3 year long bear market will come to an end for MO if it breaks past 46 with good volumes. Long term trend is still bullish.If March 2020 lows are not tested before breaking 46 then my long conviction will be higher.