ethostrader

Philip Morris - Exhaustion

Short
BATS:PM   Philip Morris International Inc
The stock lost strength in the formation of the circular top pattern confirmed by the redistribution of multi-time fibo clouds that went from providing support to drawing resistance.

As practiced in our risk management, the first target is the primary goal, which opens up space to move the stop loss and then look for the final target protected by the previous partial achievement.

Risk Return 3
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.