$PM Maintains a Strong Uptrend: Long at $147.17!

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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 on PM? Let’s discuss in the comments! 💡 #Trading #PM #Analysis

Penafian

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