Trade ideas
HEY MOIT'S VERY PROBABLY THAT NYSE:MO GO UP (9.2 % OF RETURN ON INVESTMENT) SINCE THE 28TH JULY (EARNINGS DATE)
MO: Ascending TriangleAscending Triangle
Descending volume
PPS above 50MA
Possible trend reversal
Cons
PPS below 200MA
200MA pointing down
ATR down
250RSI under 50
Rare investment opportunity! Altria Group (MO) buy signalsAltria Group (MO), monthly timeframe: 20 years long(!) support line + Hammer + Doji + Divergence
Smoking.I feel as though we are approaching a decision point for MO. As this dark pink triangle closes, we will know if it was a bearish continuation pattern.
This would encourage me to believe that a recession is really in, and the bear market rally ending, because smokers are always gonna smoke, and only a really bad recession would change that.
-OR-
If the rebound off of the "Covid" spike in March will prevail and we start the leap up (which was due prior to the spike).
Also... MO has an astounding 8.78% dividend yield.
Inverse Head And Shoulders on AltriaInverse Head And Shoulders pattern is formed on the 1 hour timeframe. I expect the stock to grow if the resistance level of 41.55-42.45$ is broken.
MO Long, down trend line break and demand zone confirmedCondition:
#1 Demand zone confirmed with false breakout
#2 Down trend line break by Breakaway Gap
Earning Date: 7/30/2020. It will not affect this trading plan.
Stock Entry: 36.5
Stop: 35
Target1: 42; risk/reward=1:3
Target2: 45; risk/reward=1:5
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
My buy zoneMo is currently working on a double top, I assume that the completion of the figure will occur at $ 33 level, and there I am going to buy it
short to buy level at weekly timeframe by put option to $20short to buy level at weekly timeframe by put option to $20
No Brainer Going LongThe correction of MO completes in time to rise together with the cannabis market.
MO owns 45% of Cronos and this is their extended growth play for the future.
Growth plus over 9% dividend yield at $36 USD.
$MO Trading At Key Support Levels$MO looks to be a safe bet in the coronavirus crisis. People will find a way to get their cigarettes no matter what. $40 is a key level and the MACD is turning positive. We can easily see a quick bounce. $MO trades at just 9x earnings.
As always, trade with caution.
Good luck to all!
MO Fell to test 200EMA on Monthly TFMO has had a terrible time lately and it may just get worse. Currently testing support on the Monthly/Weekly tf from a Down channel extension to the 200 EMA on the Monthy timeframe. Keep this one on watch.
MO fo sho?$MO dividend is giving me the look ;) could go back to 34 enough to go all in. Keeping this one on the look out to see if it stabilizes here or keeps going down. This pattern is looking to easy but will stay and look for now.
uc
$MO Altria Group setting up a reversal The stock has suffered terribly as a result of negative publicity and involvement in several scandals throughout 2019.
Questionable investments has effected the financials.
Public and regulatory back lash negative for the stock.
Possible golden cross imminent.
Inverse head & shoulders possibly forming.
Nice Time To Beef Up Your Dividend PortfolioAltria is finally trading above the 200 SMA and been trending up since the beginning of Oct. The ex dividend date is 12/24 and the dividend yield is an excellent 6.7%. It's PE is also pretty darn good at 12.82, and the consensus target price is 54.86. That would be 7.29% upside (it's current price is 51.13), plus an incoming dividend payment. IMHO this would be great timing to add this ticker to a dividend portfolio.
I know the RSI is somewhat high, but waiting for a pullback could mean missing the dividend; and, if the rally continues it could get higher and stay that way for some time. Too bad I didn't notice this early last week.
$MO Decision timeIn a downtrend for a while but amazing dividend stock to hold for your retirement portfolio.
Possible buy area 46$
Altria Group Inc - BULLISH SCENARIO All about fractals. Curious to see if the $cron news will act as a catalyst.
Ugly times for MOAbout as bad as it gets for Altria. Only hope is a breakout above a nasty descending channel. And even then, you have resistance at what used to be support -- the ascending trendline.
