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 green with invalidation in red. 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,...
Hammer above the 10, 20 EMA Love the lower wick below bull candles and small upper wick. Target into the weekly 100
Using Fibonacci circles we can see price rise above the circle briefly then retest the area as support, this is a common feature among 1.618 and 3.618 In both situations this pattern has led to continuation of the bull trend, which looks strong (dashed line)
MO High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
Hi, Since the end of 2020, Altria has started to show its strength by giving us a higher low. Since then it managed to push above the long-lasting downwards trendline which started from ATH at the beginning of 2017. Made a quite solid breakout with a strong and powerful candle as needed. To be said, if it is a strong trendline then it needs a lot of power to push...
MO is forming a bass which includes a lot of high green volume candles. Entered this position on a 5 minute time frame with a call option on 5/6/2022. Previous all time highs are a longer swing target. The all tme high is also around where the 1.618 fib level is
The PEAD projected a Bullish outlook for $MO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 77.78%.
Tried to touch 55.33 today but couldn't quite make it. If it crosses it in the next day or two, should be good for a point or two
Tobacco stock Altria has fought higher all year despite weakness in the broader market. Now it may be forming a potential continuation pattern. Notice the series of higher lows since February 24, combined with peaks around $53.85. That ascending triangle could suggest the uptrend remains in effect because buyers are active at steadily higher levels. Next, the...
📌ALTRIA based on technically readings i am expect fall on this STOCK in period from 20.Jan - 15.Feb but at end price is make one more bullish push, expected exhaustion, we can see first zone breaked, expecting bearish continuation. 💡 MO technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher...
The PEAD projected a Bullish outlook for $MO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%
MO is continuing to break out. Long term this is beautiful set up and would be foolish to ignore.
With geopolitical uncertainty combined with rising inflation, why sit in cash when you can sit in MO and guarantee yourself 7% dividend. Combine this with a massive multi-year inverted head and shoulder pattern. Projection to 65ish This should receive additional momentum from the recent lawsuit win of their stake in Juul.
If you can get past the fact this is a tobacco company - on a technical basis it looks like the stock is ready to rip higher. Note the obvious ascending triangle on the weekly, a not-so-overcooked RSI, and how when both of these conditions existed in the past the stick ripped a good bit higher. Also - enjoy the 8% annual dividend - if you can get past the fact...
$MO - Altria - 6.96% $PM - Philip Morris - 4.48% $BTI - British American Tobacco - 7.92% ($MO+$PMI)/SPY - U.S Tobacco Stocks vs. SPY - When investors grow wary of markets they find comfort in Tobacco Stocks. With general markets facing increasing headwinds, investors may prefer this consumer staple. Even though, these companies are tobacco companies; their...
mo at a extreme resistance area, if it can break above then look for a rally to 57.96, but it has seen 4 rejections off this area in last 2-3 years.. so my guess is we see a 5th rejection here soon. like and follow for more 💘
Todays close was a nice push that should continue until at least $53 now. Above there, $58 -> $66 -> $75. Add the 7.11% dividend compounding every year and you will double your money with dividends alone over next 10 years or sooner. You are welcome. All aboard the MO Train!!!! This is not a recommendation to buy or sell. It is intended for informational purposes only.