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.
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.
Nota
MO broke out of the blue triangle consolidation to the top.This could be a sign that points towards stable economic recovery if we follow the green arcs upward.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.