PM has formed a massive multi-year wedge. With ZYN products performing so well and earnings positive I expect this to continue. This traditional stock generally does not move very much and provides a nice dividend. My plan is to average down into Jan 110$ calls towards this golden fib for a hopeful bounce here. This stock should also perform well if we announce a recession next year.
-Short-Term target is 103$
-Yearly target is 124$ or prior all-time-high
-Short-Term target is 103$
-Yearly target is 124$ or prior all-time-high