It's time for Philip Morris to grow

15 July 2022 128
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After the Head and Shoulders pattern was formed, Philip Morris dropped a bit below the previous 2022 low at 88.67. The daily chart shows a gapping down doji candlestick. Philip Morris stock price and the DeMarker indicator formed a bullish divergence. We expect Philip Morris to go back to 91.1 and close the gap.

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