QuantinvestGER

Altria with mixed feelings

NYSE:MO   Altria Group, Inc.
Hey everyone,
atm i got Altria on the screen with mixed feelings in terms of technical analysis. The green line gives good support while the red box is a huge resistance. The Trend points upwards while the RSI got a divergence. There is also a chance for wave 3 in this current consolidation.

You could buy that stock as a dividend position (7,9%) and buy more f the stock goes down. You could also buy with a tight stop included. I will go with the dividend position though.

Buy: now / 43.15$
( Stop: 42.50$ )
Goal: ?

Much fun with that trade!
Leave a follow please, my goal is 200 :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.