PM Philip Morris Options Ahead Of EarningsLooking at the PM Philip Morris options chain, i would buy the $90 strike price Calls with
2022-11-18 expiration date for about
$1.69 premium.
Looking forward to read your opinion about it.
Philip Morris International Inc. Shs Cert Deposito Arg Repr 0.0555555555 Shs
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Philip Morristhe support at 85 is holding, forming an ascending triangle, I think it can retrace to at least 91.50 with a hard retest of the monthly descending triangle, before reconfirming the short BO
$PM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 72.73%.
PMalready short, I await volumes to add another sale
the weekly seems clear to me, both on the descending triangle and on the target range, both December '20 and February '21 prices moved from 85 to 79 without pause
Philip Morrisif the volumes increase, I add because the weekly has potential, let's see if it forms pennants
Camdlestick Patterns - weekly chartOn a weekly basis, some Japanese candlestick patterns look quite reliable.
In this example: a 3-inside-down pattern, a hammer, and a shooting star. Even some Bullish Engulfing Candles! Can you see them?
Philip Morris has cancer. PMPivot already confirmed to the downside. Here we go. Don't smoke kids, and stay in school.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
See PM moving higher soon.We continue to believe that PM will move higher once this small pullback ends, which could be today. We see the slightly out of the money options expiring in two weeks as particularly attractive right now. Also, please check out this tradingview.com link for forecast information. We think that this pattern will produce a profit within about 5 days
www.tradingview.com
pm 2 scenariospm 2 scenarios .. 1] buy after the break above the resistance 1 and 200ma .. 2] sell after the break under the support 1 and 50ma ..
$PM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
AnalysisAs you see on this chart we will have a big probability of a downtrend after the breakout with force the vwap indicator and the support line by a big candle with a large volume. But we can have an uptrend if and only if the vwap and resistance line are forcefully broken by a large green candle and followed by large green volume.Thanks.
Philip Morris, maybe it’s time to sell and buy lowerPM is my favourite defensive stock but i do not fall in love in investment. I like the dividend but I like more selling at higher prices taking secure at home my currently 38% of unrealized profit since 2020 when I bought shares at $72
I don't like the European Commission proposed recently to ban the sale in the EU of flavoured heated tobacco products after a big rise in their consumption.
I don't like more the recently price breakout below rising support as depicted in the figure.
I realized an app with python and tradingview's data to make automatic fundamental analysis and calculate PM's intrinsic value at near $72 (calculated on my forecast of EPS and 3 years investment horizon)
This week is crucial for my decision. I will like to buy again at fair value (maybe incrementing position at my buy value) after this breakout.
PM analysisPM Analysis -
- Pitchfork Median
- Daily Demand / 15 min Supply
- Fibonacci retracement (Algo Zone)
-Elliott wave
- Entry 15 min supply
Target : White Zone
will trend break hold? lets seePM breaking local trend resistance, if the breakout can hold we can target 105.54-109.56-113.58/a break below 97.5 and bears take control again
Long scalp $PMBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $PM exceeds today's high of $100.64 during tomorrow's session.
$PM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.
Philip Morris: earnings play decent setup here with earnings in sight for a bullish play. Chart looks good and is building a base, with earnings as the fuel for the next leg higher. Even better if played with options, some lotto play.
Trading Journal #002 - PM DailyABOUT:
This is part of my trading journal, please don't copy anything always do your own due-diligence.
PM swingtrade
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Open: 99.55
TP: 125
SL: none
