RetracedThe rise since end of September has been retraced now sufficiently. The momentum is still high enough and a continuation of the trend ma be expected.
PM trade ideas
Philip Morris: Return? As we expected, the PM share turned down below resistance at $134.15 and retreated a good deal. We now expect a more pronounced setback with the magenta-coloured wave (4) before a break of the resistance level with the wave of the same colour (5) should kick in
$PM with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:PM after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 69.23%.
can't fall beyond 110 as this would break current trendFibonacci analysis should see a retrace somewhere in the fib zone box and then continue to move up in the sideway channel it is currently in. Beginning with anything less could signal a shift in direction.
Buy Philip Morris InternationalShort Term Trading Advice by Naranj Capital
Buy Philip Morris International
● Buy Range- 116 - 117
● Target- 122 - 123
● StopLoss- 114
● Potential Return- 4-5%
● Duration- 12-14 Trading Days
In an uptrend could continue making newer highsIt's not too late, but we still await an opportunity around the 115 mark. If history dictates and the pattern or momentum does not shift, we have a bullish outlook. Stochastics are very low, but all other areas seem at ease with a continuation.
Zynskies and zynachinos can make me 25%?I find this post to be so informative and personal that its funny LOL.
Just like the MRNA post I made, I have been trying to find a store with Zyns and they are all sold out hahaha. This company will see a huge increase of investments as there trying to replace old products with new ones THEY MAKE.
Philip Morris (PM) AnalysisCompany Overview: Philip Morris International NYSE:PM is aggressively shifting toward a smoke-free future, with a significant portion of its revenue now derived from reduced-risk alternatives to traditional cigarettes, such as Zyn nicotine pouches and Iqos heated tobacco devices. The company's commitment to innovation and smoke-free products is reshaping its business model and driving future growth.
Key Catalysts:
Transition to Smoke-Free Products: Philip Morris now generates 40% of its revenue from alternatives like Zyn and Iqos, underscoring the successful transformation of its product lineup toward reduced-risk products.
Zyn's Strong Performance: Zyn nicotine pouches experienced 50% growth in the U.S. and global markets. PM's focus on expanding into new regions highlights the robust consumer demand for smokeless nicotine products, enhancing its growth outlook.
Hedge Fund Confidence: Renowned hedge fund manager Stan Druckenmiller recently invested in nearly 900,000 shares of PM, indicating strong institutional confidence in the company's future trajectory and ongoing transformation.
Investment Outlook: Bullish Outlook: We are bullish on PM above the $110.00-$111.00 range. Upside Potential: The upside target for Philip Morris is set at $172.00-$174.00, driven by the growing revenue from smoke-free products, continued expansion of Zyn and Iqos, and significant institutional interest.
🚬 Philip Morris—Leading the Way to a Smoke-Free Future. #SmokeFreeFuture #ZynGrowth #InnovationInNicotine 🌱
PM Philip Morris International Options Ahead of EarningsIf you haven`t sold PM before the previous earnings:
Now analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week,
I would consider purchasing the 109usd strike price Calls with
an expiration date of 2024-7-26,
for a premium of approximately $1.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
whats the future for $NYSE:PM NYSE:PM has earnings coming up and we can expect to see a large profit after the recent acquisition of Zyns a massive product witch has boosted there earnings along with there smoke free tabaco I can see a long position but wait to the day before earnings for analysis.
PM - Resistance Turned Support WeeklyA very bullish example of how resistance can flip to support over time
The white line is also a strong trend line which price is above.
Very bullish on this Weekly timeframe.
Philip Morris: New Motivation!Philip Morris has gained new motivation, stretching visibly higher in its chart. Still, the price has more upward distance to cover before reaching our turquoise Target Zone between $119.47 and $123.80. Once the top of the turquoise wave B has been established there, the stock should sell off below the support at $82.95 and, afterward, into our green Target Zone between $77.61 and $62.42. The low of the green wave should then initiate a bullish trend reversal. However, we consider it 35% likely that the green wave alt. has already been finished. In this case, PM would surpass our turquoise Target Zone.
Philip Morris - ExhaustionThe stock lost strength in the formation of the circular top pattern confirmed by the redistribution of multi-time fibo clouds that went from providing support to drawing resistance.
As practiced in our risk management, the first target is the primary goal, which opens up space to move the stop loss and then look for the final target protected by the previous partial achievement.
Risk Return 3
PM followupPM broke through this wedge with high conviction, I was able to enter Jan calls on that initial push with high volume. I am up over 50% on the position but plan on playing this like I did with my OXY Jan calls earlier in the year. I will sell 66% of my position at 105$ stock price. KEy resistance is around 103$ but I think the Zyn growth will catipulte the stock to over 120$ this year.
PM finally breaks trend resistance 🙏clean break past the trend that's held it back since 2022, conservative rally to 104-115🎯 should follow in the next months in my opinion. boost and follow for more.. thanks ⚡
A US stock Long setup👋Hello Traders,
Our 🖥️ AI system detected that there is an ICT Long setup in PM for swing trade
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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PM breakout wedgePM has formed a massive multi-year wedge. With ZYN products performing so well and earnings positive I expect this to continue. This traditional stock generally does not move very much and provides a nice dividend. My plan is to average down into Jan 110$ calls towards this golden fib for a hopeful bounce here. This stock should also perform well if we announce a recession next year.
-Short-Term target is 103$
-Yearly target is 124$ or prior all-time-high
PM Philip Morris International Options Ahead of EarningsIf you haven`t bought the dip on PM:
nor sold the top:
Then analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week,
I would consider purchasing the 92.50usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $5.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Possible long scenarioAlthough this lateral movement has lasted for over 2 years, it is possible to see the beginning of an upward trend this year.
Philip Morris: Sleepyhead The Philip Morris stock is moving mainly sideways with only a slight hint to the upside. However, to follow our primary route again, the tired Philip should soon awaken from its slumber and regain bullish momentum. The turquoise wave B should extend into our turquoise Target Zone (between $119.47 and $123.80) to establish its high. Only afterward do we reckon with sell-offs, which should push the price into our green Target Zone (between $77.61 and $62.42). The green wave should settle its low in this range before a sustained upward move can be ventured. On the other hand, there is a 35% chance that PM will surpass our turquoise Zone, thus confirming that it is already busy with the green wave alt. .
Lookin long on PM in the very near future! Thank you as always for watching my analysis. I hope you can learn something very educational on this video. Also one thing I did not mention on this stock is the fact that the fundamental analysis on this stock looks underrated as well so that just adds more confluence. Have a blessed January!
Short Picks 9/6These 4 are my top Short ideas for today into the future until the price stays below the Red TrapZone.
The picks are based on momentum, volume and price action.
$PM with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:PM after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
