A clean Descending Triangle often precedes a big move. Validate your entry.
Bearish continuation pattern.
Consolidation. Can break either way.
MO is showing interesting structural developments at $65.62. Currently at $65.62, the asset is showing downward momentum (-1.78%). Our AI has detected a valid Descending Triangle pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $62.87, targeting $57.68 with support near $67.93 (R:R 1.03).
What is your outlook on MO?