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The daily chart for Philip Morris International (PM) shows the stock is confronting strong resistance at the 200-day moving average, with prices consistently trending below both the 50-day and 200-day averages. After a recent bounce, the stock failed to break this key resistance, which is a classic technical signal for a short-term pullback . Short-Sell RationaleThe most recent candlesticks reveal rejection at the $160 level, supporting expectations of downside movement.Technical indicators, including a weak RSI and bearish momentum, suggest limited buying strength and potential for further selling pressure.Target projections and current market sentiment point to a $5-$10 decrease over the next week, which matches observed technical patterns. This setup justifies a cautious short sell position for traders anticipating a brief decline in PM's share price.

Price has followed the broader trend structure outlined in prior updates since August and has now reached a key mid-term support zone, where at least a temporary bounce is likely. Alternatively, a breakdown below 140 would increase the odds of a move toward 130 support. On the macro time frame, the uptrend structure from the 2020 bottom continues to suggest long-term potential for higher resistance targets, as long as price holds above 127. Chart: https://www.tradingview.com/x/sR2iKm7H/ Macro view (Monthly): https://www.tradingview.com/x/lQBm8T0k/ Previously: • On key support to watch (Oct 3): Chart: https://www.tradingview.com/x/BrlCjU8F/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=RefgdvSASbW1HLEpk-qjVw • On immediate downside potential (Sep 25): Chart: https://www.tradingview.com/x/cxGHlbt2/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=LYGfigv2SVCGYegdM69qkw • On downside potential (Sep 5): Chart: https://www.tradingview.com/x/kInHXxDd/ https://www.tradingview.

Price has followed the broader trend structure outlined in prior updates since August and has now reached a key mid-term support zone, where at least a temporary bounce is likely. Alternatively, a breakdown below 140 would increase the odds of a move toward 130 support. On the macro time frame, the uptrend structure from the 2020 bottom continues to suggest long-term potential for higher resistance targets, as long as price holds above 127. Chart: https://www.tradingview.com/x/sR2iKm7H/ Macro view (Monthly): https://www.tradingview.com/x/lQBm8T0k/ Previously: • On key support to watch (Oct 3): Chart: https://www.tradingview.com/x/BrlCjU8F/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=RefgdvSASbW1HLEpk-qjVw • On immediate downside potential (Sep 25): Chart: https://www.tradingview.com/x/cxGHlbt2/ https://www.tradingview.com/symbols/NYSE-PM/minds/?mind=LYGfigv2SVCGYegdM69qkw • On downside potential (Sep 5): Chart: https://www.tradingview.com/x/kInHXxDd/ https://www.tradingview.

Testing a sell in the PM simulator with a trigger at 160.08, first target at 129.73 and second target at 109.44.

Kursziel: 12.77015 €

Abysmal Courage Strategy - Having the courage to buy a winning stock showing strength on a day when market overall seems abysmal or extremely bleak the pundits are cautious the feeling is dire . Stock Chosen - PM This is not a model stock but I bought it more so to be courageous on a red day , I had a rough week and took many losses . By the end of Friday I was mostly out of everything with exception of several stronger names . I , in the past , would never buy on days like Friday , I would sometimes short and sometimes you just go for a walk after to change my focus ect ect. One thing for sure , buying strength on a day like this is really mentally tough for us and our genes its much easier when your PnL is green and you feel smart. PM , not only did really well on Friday but it has done really well recently. It is lacking 20% week and exceptional eps/sales , so only 4/6 of my requirements. None the less , it is a strong name on an abysmal day. Since it was such a red day I decided to buy it just for t

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