ALTRIA GROUP new bullish expected
Hi viewers, MO bullish in last periods, price currently on zone, expecting to see bullish continuation
TP1:49
TP2:50
TP3:51
MO trade ideas
MO - BULLISH SCENARIOAltria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company.
The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.
The next price target is located at the $ 53 local resistance level.
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Understanding Key Technical Analysis Terms in Stock Market TradiThis article provides a comprehensive guide to the key technical analysis terms frequently used in stock market trading and investing. This includes "Yearly High Close," which refers to a stock's price closing at or near the highest level it has reached in the past year, and "CCA Squeeze," an indicator that helps identify consolidations and signals when prices are likely to break out. Other terms such as "Inside Week" and "Potential Breakout" are also explained in detail to help traders and investors make informed decisions.
$MO with a Bullish outlook following its earnings #Stocks 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 25%.
Lets talk long term tobacco Revenue in the Tobacco Products market amounts to US$106.40bn in 2023. The market is expected to grow annually by 0.72% (CAGR 2023-2027). The market's largest segment is the segment Cigarettes with a market volume of US$82.67bn in 2023. Lets just take a moment to look at this beautiful char tho. MO is lookin pretty much recession proof guys. with amazing dividends makes sense to start stacking this bad boy.
some stats on tobacco industry out look.
Long MO mid to short time framesyet another options play most likely here guys.. 50$ strike 17 feb 23. about 22-23$ rn. avg buy at 23$. gl
$MO with a Bullish outlook following its earnings #Stocks 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 80%.
Altria Group (MO) bullish scenario:The technical figure Pennant can be found in the daily chart in the US company Altria Group, Inc. (MO). Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. Altria is the parent company of Philip Morris USA (producer of Marlboro cigarettes), John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation. Altria also maintains large minority stakes in Belgium-based brewer AB InBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker Juul. The Pennant broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 5 days towards 46.63 USD. Your stop-loss order, according to experts, should be placed at 40.35 USD if you decide to enter this position.
Altria will be looking to display strength as it nears its next earnings release, which is expected to be October 27, 2022. The company is expected to report EPS of $1.31, up 7.38% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.65 billion, up 2.15% from the year-ago period.
Digging into valuation, Altria currently has a Forward P/E ratio of 8.75. Its industry sports an average Forward P/E of 8.76, so we one might conclude that Altria is trading at a discount comparatively.
It is also worth noting that MO currently has a PEG ratio of 1.46. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Tobacco industry currently had an average PEG ratio of 1.13 as of yesterday's close.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$MO to break into a downward trend Friday Sept 2nd Watch List.Trendsi Indicator has provided all Bearish Signals for MO. Watching it to break 44.47 and trade below it to continue falling to the next support around 43 range. RSI is currently at 54, watching it to break down around 40 to 30 range to enter. Overall Trendsi has indicated RED EMA cross over, Sell Signal, and money momentum shifting down. 3 bearish signals, waiting for confirmation for RSI to trend down.
Trade Safely and smart Team. As Always LETS PRINT!!
More altitude to be gained by Altria. MOWe 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, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
10 EMA hammer play on MO Hammer above the 10, 20 EMA
Love the lower wick below bull candles and small upper wick.
Target into the weekly 100
Lower!Might probably go down another 10% or so but I am happy to start buying here because of the dividend ! Probably 1/3 or 1/2 position in case it goes down to the bottom of the up trending channel! Just my opinion
MO - Incredible Continuation Pattern 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 LongMO High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
Altria (MO) | Retesting The Breakout Area!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 through it and it got it.
The break smashed a couple of good criteria: managed to push above the downwards trendline, managed to break above the 50EMA, managed to break above mid-number $50, and managed to make a now and strong mid-term higher high! Quite impressive!
After the perfect trendline retest, it created another higher low and pushed into new HH above $50 and above a strong horizontal area.
Ńow, it has started to approach another retest and the price of Altria has reached inside a possible buying area.
Technically it would be a great investment which is supported by 50EMA, strong horizontal area, mid-number $50, minor trendline, and historically a strong horizontal price zone around $50.
Do your own research and if it matches with my TA you are ready to go.
Regards,
Vaido
MO Trade IdeaMO 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
$MO with a Bullish outlook following its earnings #Stocks 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%.
Ascending Triangle in Altria GroupTobacco 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 $53.85. That ascending triangle could suggest the uptrend remains in effect because buyers are active at steadily higher levels.
Next, the bottom of the pattern roughly matches the rising 50-day simple moving average (SMA): another sign of the trend moving upward.
Third, the eight-day exponential moving average (EMA) has remained above the 21-day EMA almost without interruption since early December.
Finally, the last week has seen a potential peaking in bond yields and a breakout in utility stocks. That could potentially signal a shift away from cyclicals toward non-cyclicals (especially as economists cite potential recession risks).
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$MO with a Bullish outlook following its earnings #Stocks 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 - Breaking out furtherMO is continuing to break out. Long term this is beautiful set up and would be foolish to ignore.
$MO Long - Inverted Head and ShouldersWith 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.
Altria Group - On the Weekly, Looks Ready to Rally !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 their product kills people.
