Stock Chart Analysis MO

Posted by downtowntrader | 4/29/2007 09:55:00 PM | 0 comments »

Stock Chart Analysis of Altria Group, Inc. (Public, NYSE:MO)

MO cleared a descending broadening wedge, and is now trading in a bull flag. The 20 day simple moving average has caught up with price and could give it support to breakout. On Balance Volume has been in a leading divergence and while it may be early, MO is certainly looking bullish.

Good Trading,