Home > heikin-ashi > Altria, a confusing #heikinashi picture $MO #markets #equities #trendfollowing #investing

Altria, a confusing #heikinashi picture $MO #markets #equities #trendfollowing #investing

July 30, 2016

Altria ($MO) daily

  • (+) Heikin-ashi reversal doji-like candle
  • (-) SMA(haDelta, 3) is still deep in negative territory
  • (-) Limited reaction ahead

 

Altria ($MO) weekly

  • (+) Above the trailing-stop
  • (+-) haOscillator is getting closer to oversold, suggesting a price reversal

 

Altria ($MO) monthly

  • (+) Heikin-ashi trend remains very bullish, but…
  • (-) SMA(haDelta, 3) is ready to hit a top and turn down (consolidation or pullback)

 

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Categories: heikin-ashi Tags: ,
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