Crypto Crusader here with an extremely speculative pick, a weed stock, to be exact Cronos Group. I don't have the time to discuss a more detailed analysis, but I'll post this chart to explain my thinking regarding technicals. In regards to fundamentals, Altria (the maker of Marlboro) owns just under 50% of Cronos Group. You have to wonder, the maker of the...
About 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.
Don't get me wrong, overall I am bullish on this stock. Coming up, however, we are due for a correction from a market driven largely by news / media. Check the financials. Keep in mind everything from 1/28 -> on could be artificial movement due to Kramer calling it out on TV. I would expect quite a big profit taking coming up, wouldn't be surprised by a drop of...
Market sentiment $55.00. I am waiting for drop till $41.00 abd then buy. If you want to get best signals join our channel in telegram. You'll get exclusive info. Our telegram channel is absolutely Free.
There is a support level around 54$ which was already tested beginning of April. Stop should be arround 52$. Next support is somewhere near 50$ which make the sell of a PUT very attractive. From indicator perspective only my RVGI is bullish by crossing the 0 line.
A lot happening with this name. Short case: - Doji confirmation following the hanging man 6 days prior. - Steep wedge pattern - Extremely low VIX momentum - RSI over-extended - Negative divergences on lower time-frames - Currently sitting at potential profit taking resistance of Inv. H&S Long Case: - Wedge is still intact - Above 20, 50 and 200 MA on daily -...
Trading stock is not easy and n this case you will have to try to catch the 61.8% retrace break. A daily close next week above 57.10 will open the upside test of 62 level. Look for this daily break to enter the trade.
Ppl taking profit. I did already. Wait for support to buy back. I will. Easy money folks.
ALTRIA has broken a very important level with a strong impulse. If it bounces to the area posted on chart i'm expecting one more wave down.
For those of you who have been patient enough to secure a low risk entry on MO, your patience has paid off. As you can see MO has found support at the 76.4 fib retrace and a trendline that spans back to 2008. If the fib support holds here and proceeds upward, that gives us a target of around 100% - 123% fib zone. The price action formation is also a bull flag on...
If any stock can do a fakeout, it's Altria. We've seen intense selling to where the RSI is no good. FDA pressure and fears of menthol bans accelerated the selling momentum. We broke down through the channel, furthering bear strength and then through a strong support slope. Yearly bottom of April has held. I'm seeing a bear flag, yet overlapped with a semblance of...
Predicted trading ranges for the next 8 weeks. Weekly chart information overlapped with other time frames. Key level broken today. Good day for all Altria investors.
we have a monthly head and shoulders on mo, so i think it will continue down, my target will remain the 51 area. #futuresalerts
Sold half my position in MO @ 51.50 because it reached over 100% gain. Now I will be playing with the house's money. Keep those dividends coming. This stock is parked in my IRA acct. I had a set and forget strategy on this because I have no use for IRA funds at this time. I didn't mind waiting it out while the company, stock, and the dividend grew, but i think now...