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...
Not a BATS out of hell just yet but a breakout all the same. Broken away from 2756 and a good dividend, but now has to clear 3000 last established in Jan 2020.
NYSE:BTI is showing signs of weakness, maybe it's that sky capture thing. The stock might test R600, unless there are buyers to push the price up.
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...
I have calculated a buy value at roughly $36 (fair value based on earnings forecast minus 20% margin of security). Now we are at this price. Chart is in the main volume cluster but is falling like the entire sector (PM and MO have the same beta - volatility - at the moment) BTI is plus affecting now by the fear of american investors due to the falling of pound...
Looking for a near-term bounce here for Imperial Brands. IMBBY with Two + years of bullish trading. Also, formed a bullish Pennant clearly outlined in price action. Risk-Reward on this looks solid, waiting for a pop higher for IMBBY then a retest below 22.50 support, then going to enter a long to try to capture that big move to the upside. IMBBY needs to cross...
There's plenty of research that can be done on why I am fundamentally holding this long term. It's getting into zones I am comfortable adding to the position. There are outside forces that have kept this stock beaten down for many years as they are the major big tobacco killer, as a micro-cap. My outlook is that when the switch flips and tides turn, this stock can...
Technical reasoning for a Bullish setup : > Quarterly charts represent a 6 year base building in this cigarette company from 2016 to 2021 where the stock has done nothing > Apr 2020 to June 2021 - 5 quarterly candles just showed sideways action in the counter and finally a breakout to retest the all time high resistance happened in July to September quarter >...
We covered a couple of tobacco stocks in one of our YouTube videos. Now we see a good setup for LSE:IMB ; price > 50EMA, 50EMA>200EMA, characteristics of a strong uptrend. For a short term pay, 1:4 risk-to-reward; a buy at current level with a stop below the 50EMA, and a short-term target at 2244 GBX.
TAAT is being heavily promoted but few know that CLC is the exclusive developer and distributor for TAAT & Beyond Tobacco products in Canada. It is also a well established cannabis grow/extraction business in one of the best farming regions of BC, Canada. Very bullish chart. Bullish MACD cross is a technical buy signal. Bullish Engulfing candle is signalling...
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 ...
Hop on the train quick today is offering some nice discounts on this undervalued stock. We will see $6-$8 in the next coming weeks/ months. Recently invested in by a tobacco company for about $173 million will allow them to expand their reach and will be getting into the CBD scene. Go luck y’all lmk what you guys think!
Everything explained on chart.
TAAT is launching in Ohio this month and it looks ready to take out the all time highs again. Cup and handle is almost complete and holding key Fib levels. Beyond Tobacco will be a game changer! Helping people quit nicotine and it's a lot cheaper than current CBD products.
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.
On this week's ISM PMI report, the fastest-growing industry for September was "Food, Beverage, and Tobacco." So I looked at the tobacco space over the weekend and noticed that the tobacco company Altria recently made a fairly large price correction and looks to be making a U-shaped bottom, with an imminent bullish cross on the MACD. With the positive technicals...
Contextual immersion trading strategy idea. Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. The demand for shares of the company still looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $10,52; stop-loss —...
Short below 184.30 to see lower levels of 181 and 180s