Altria Group upgraded
Monday, October 22, 2007
Shares of Altria Group are very active today after UBS upgrade stock to Buy from Hold. The technical chart of Altria Groups shows that stock is trading since in a clear uptrend with a lot of Bullish indicators given by its indicators. Stock is presently trading above its 50 dma and 200 dma, giving to Bulls a good sign of strength and confidence for the near term trend. For now all indicators still in favour of Bulls, however keep an eye in the uptrend mentioned in the chart, that in case of a possible break, should be taken as sign of alert. So, keep an eye on MO.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: MO
