PM
🔼 Philip Morris stock is currently trading at maximum levels, indicating strong past performance but potential near-term exhaustion.
⏸️ Technical analysis suggests letting the stock consolidate or experience a pullback before considering new positions due to its extended run.
📉 The chart pattern resembles the recent behavior of gold, hinting that a period of consolidation or correction might be imminent after reaching peak levels.
@marcosemmimfp:
“Philip Morris PP, no, Philip Morris International. No, these are at maximums. Let it be. Wait for it to have a small pullback. It reminds me of the gold chart.”
Watch the exact part of the video where @marcosemmimfp talks about Philip Morris International here:
Watch the video on YouTube
Read more articles analyzing Philip Morris (PM) at the following link. PM stock.
