My old microphone died so recording my first video today on the new! Today I look at the recent price action of commonly requested symbols from social media: COINBASE:BTCUSD , BINANCEUS:DOGEUSD , NYSE:MO , NASDAQ:PLUG , CAPITALCOM:BABA
lol what? Tobacco stocks are dropping on news that Biden is planning to restrict nicotine content in tobacco products. This brings NYSE:MO down about -12% from the high two days ago but still up 14% on the year. It is an attractive dividend yield play at this price (about 7%) but waiting for it to come to a proper support before buying myself. I like ...
Break out from long term down trend. Break out from short term up trend. Pretty bullish in my perspective with immediate resistance at $50; further upside to $53.60 if can cross $50. For your inputs and trade with caution.
It is obvious in the last 6 months a new trend started in most cannabis related stocks and most of them rewarded Theron shareholders with decent rewards..! The front runner so far was sundial grower with +440% gain in last 6 months followed by Tilray, CNN, and Canopy. In my view sundial and CANN can reward their shareholders with higher profits not because they...
WAKE UP and pay attention! Pot stocks are on FIRE! While others are hyper focused on their losing bag holds from last month opportunity is being missed! This is now the theme where the money is flowing. Do not ignore it!
I think (C) of is Ending Diagonal Triangle. So waiting wave (c) of to get short position.
3 year long bear market will come to an end for MO if it breaks past 46 with good volumes. Long term trend is still bullish.If March 2020 lows are not tested before breaking 46 then my long conviction will be higher.
For those who know me, you might have realized by now that I don't usually go long when the RSI and STOCH are below 50 and MACD below Signal. I will make an exception here, however I will approach this trade carefully and allocate less than usual. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim...
Hello traders! MO seems to be continuing its ASCENDING TRIANGLE PATTERN! I strongly believe that this is a good time to go long on this stock. RSI is looking upwards and it is NOT OVERBOUGHT yet, BEARISH MOMENTUM is very weak and the last two candles show us a clear bullish pattern: ONE WHITE SOLDIER PATTERN. The only question is … What are you waiting for?...
Inverse Head And Shoulders pattern is formed on the 1 hour timeframe. I expect the stock to grow if the resistance level of 41.55-42.45$ is broken.
$MO 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 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.
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.
Chart of ADM looks great. Price moving higher above the supporting moving averages. Earnings are already in an positive.
Hi, today we are going to talk about MO We observe a D1, some important points. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it...
MO looks good here, wish I saw this a week ago. I expect a move up to the 200sma. Still a good trade.