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MO stock is poising in a narrow horizontal range below $50.
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Bulls were attempting to break the neckline of $48 but failed.
Altria Group Inc. (MO) stock was trading in a narrow consolidation range during the beginning of 2023. Moreover, MO stock was between the $42 – $48 range and did not break the territory in the past few months. Recently, the stock exceeded its 200-day EMA and sustained above it, showing buyers’ willingness to escape the zone. But, the mighty bears maintained their grip near $48.
The price action shows MO stock moving in a narrow range, …
We współpracy z: https://www.thecoinrepublic.com/2023/07/08/altria-group-stock-nyse-mo-stuck-in-a-range-will-it-make-50/
