Philip Morris International Inc. (
PM) is showing a “Strong Uptrend” on a 1-week chart. 📈 We bought at $109.86 and sold at $142.88 previously. Now at $169.17, we’re in a long position at $147.17. With a Trend Score of 8/8 and 100% signal alignment, the short-term projected price is $196.2 ([B]+15.1%[/B]), supported by bullish RSI/MACD.
How to Trade This Setup:
• Ride the Trend: The uptrend is robust with high volume and bullish signals—hold the long position from $147.17.
• Set Targets: Aim for Resistance 1 at $189.55; Support 1 at $133.02 is a key level if a pullback occurs.
• Manage Risk: Consider trailing stops to lock in gains as the price nears $196.2, given the strong trend.
What’s your next move onPM? Let’s discuss in the comments! 💡 #Trading #PM #Analysis
PM) is showing a “Strong Uptrend” on a 1-week chart. 📈 We bought at $109.86 and sold at $142.88 previously. Now at $169.17, we’re in a long position at $147.17. With a Trend Score of 8/8 and 100% signal alignment, the short-term projected price is $196.2 ([B]+15.1%[/B]), supported by bullish RSI/MACD.How to Trade This Setup:
• Ride the Trend: The uptrend is robust with high volume and bullish signals—hold the long position from $147.17.
• Set Targets: Aim for Resistance 1 at $189.55; Support 1 at $133.02 is a key level if a pullback occurs.
• Manage Risk: Consider trailing stops to lock in gains as the price nears $196.2, given the strong trend.
What’s your next move on
PM? Let’s discuss in the comments! 💡 #Trading #PM #Analysis
Stock Market Insights 77 – Trade with Clarity. Act with Confidence.
Learn more about our trading approach: stockmarketinsights77.com/about/
Learn more about our trading approach: stockmarketinsights77.com/about/
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.
Stock Market Insights 77 – Trade with Clarity. Act with Confidence.
Learn more about our trading approach: stockmarketinsights77.com/about/
Learn more about our trading approach: stockmarketinsights77.com/about/
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.