Get started
ALTRIA GROUPALTRIA GROUPALTRIA GROUP

ALTRIA GROUP

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

1MO trade ideas

If you didn't know which company this was, would you buy?Would you buy purely on the technicals not knowing what stock this is? It's tempting! Looking at a long-term monthly chart over a 30+ year time frame you can see each time RSI reached the 32.6 level this stock has bottomed. The large time frame over which this has been observed strengthens my confidence that this could be yet another bottoming for this stock. The last four instances dividend yield has peaked above the current 7.88% annual dividend yield, this has also corresponded with a major bottom for this stock. On a weekly frequency, the MACD MAs have been establishing a series of higher lows further confirming a long-term bottom is forming. Lastly, the 200 Monthly EMA has been a strong support line over this 30+ year time frame. It looks as if the 200 EMA has held once again and price is now working it's way up of this support area. From a purely technical perspective, I would buy this stock. Even if this stocks hovers sideways along its 200 Monthly EMA there is a nearly 8% dividend to collect. With all that said, I do think this is a controversial stock but I think there's a compelling fundamental story too. Gross margin % and operating margin % have been steadily increasing over this long time period. There are also new frontiers (such as cannabis $CRON) which have the potential to be profitable investments in the long-run. However, Juul is an example that hasn't worked out well and resulted in losses for the company. The company currently trades at 9.41 full-year forecasted earnings and price-to-sales ratio of 3.85. I still think this is an opportune time to get in at cheap valuations supported by technicals meanwhile collecting a large and sustainable dividend.
NYSE:MOLong
by Kappy
5
Ascending Triangle with Bearish Divergence in a DowntrendMO has been in a downtrend for a while now. Currently, there is an ascending triangle pattern occurring, with Class B bearish divergence on both oscillators. If the trend is your friend, and the technical analysis on the oscillators are respected, then there's an indication of a potential shorting opportunity. The measured move of this pattern for a short almost lines up with the 786 fib retrace, for a potential profit of approximately 43.5%. We would place our stoploss at Dow's 50% retracement. I am told by other traders and analysts wiser than I that this is not exactly a low risk trade. We are in a market that the Fed is willing to prop up no matter what, and during high stress situations such as a pandemic, people are prone to fall back on habits including smoking cigarettes (even though I would think that a very unwise decision considering this disease). So, this trade could end up falling apart. For that reason, it might be wisest to void entering a position until this trade breaks out to the downside of the ascending triangle.
NYSE:MOShort
by HeathHimself
MO: ASCENDING TRIANGLE PATTERNHello 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? Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
NYSE:MOLong
by vf_investment
Smoking.I feel as though we are approaching a decision point for MO. As this dark pink triangle closes, we will know if it was a bearish continuation pattern. This would encourage me to believe that a recession is really in, and the bear market rally ending, because smokers are always gonna smoke, and only a really bad recession would change that. -OR- If the rebound off of the "Covid" spike in March will prevail and we start the leap up (which was due prior to the spike). Also... MO has an astounding 8.78% dividend yield.
NYSE:MOLong
by DHLawrence
MO Long, down trend line break and demand zone confirmedCondition: #1 Demand zone confirmed with false breakout #2 Down trend line break by Breakaway Gap Earning Date: 7/30/2020. It will not affect this trading plan. Stock Entry: 36.5 Stop: 35 Target1: 42; risk/reward=1:3 Target2: 45; risk/reward=1:5 This is a trading school homework. I need few months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
NYSE:MOLong
by PlanTradePlanMM