Solid News

Altria Group Inc.: wave analysis

11/25/2022 11:04 AM

The price is in correction; the probability of growth is maintained.

On the daily chart, the first wave of the higher level (1) has completed and a downward correction is being formed as the second wave (2), in which wave A of (2) has formed and the upward wave B of (2) continues to develop. At the moment, wave a of B has appeared, wave b of B has ended and wave c of B is developing, in which wave (iii) of c is being formed. The issuer's share quotations are predicted to rise to the area of 49.10–51.00. The level of 43.20 is critical and stop-loss for this scenario.

Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023