philipmorris

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predator75 predator75 PM, D, Short ,
PM: PHILIP MORRIS NYSE SHORT
97 3 5
PM, D Short
PHILIP MORRIS NYSE SHORT

Some indications are highlighted in the analysis. The conclusion is to SELL.

demyanchuk demyanchuk PM, D, Short ,
PM: Decrease of cigarettes' demand reflects on Philip Morris stocks?
18 0 2
PM, D Short
Decrease of cigarettes' demand reflects on Philip Morris stocks?

Main signals: 1-multiple top 2-gap 3-formation of pennant Sell 99.30-99.10 pennant's bottom line breakout Stop-loss 100.59 (+1 tic above pennant's high price) Target #1 95.00 (sizing) Target #2 90.00 (Elliott's waves+strong supporting level)

andrew.berg andrew.berg PRO PM, D, Short ,
PM: PM tight pattern gives calculated entry
68 0 4
PM, D Short
PM tight pattern gives calculated entry

After V-shape move off the bottom on February, stock formed double top at $91.62 and sold off from there with two gap downs (means strength of sellers). I will us gap pivot point as stop/ Until it stays below $87, I am bearish. Price is below key moving averages. You can manage this trade in different ways I use active trade management. Enter with tier1 in this ...

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