VolumeDayTrader

Bullish Patterns on [MO] stock + 9.59% Dividend Yield (Wyckoff)

Long
BATS:MO   Altria Group, Inc.
The cumulative volume of the "Wyckoff/Weis Wave" shows an interesting accumulation of a solid company. After the recent declines, we can see a clear basis for the price rebound. The Wyckoff Wave Volume Indicator shows the distribution of buying and selling wave forces. From the current impression, we can conclude that sellers are losing strength and we see more and more active buyers. I expect an upward movement in the coming weeks. Additionally, it is a company with solid foundations that also pays a dividend of 9.59%

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