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Analysis: #NYSE $MO

Case 93 #Altria Group Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#MO 1/3
Chart 1
Monthly Chart: Since peaking at 77.29 in June 2017, price has drifted lower.

Strong #resistance is seen around 58.70-61.00.

The SMAs 20 & 50 are negative but the #SMA 200 at 34.27 and the long term trend, are bullish.

MO 2/3
Chart 2
Daily Chart: The main SMAs are all bullish and expect #trendline resistance valued at 54.95 to yield within a couple of months.

The #Strategy is printed on the image.

$MO 3/3
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