Tuesday, March 31, 2009

Philip Morris (PM) - Short the break down / Cortos en ruptura bajista



English-
PM - The stock is testing the support level at 36.00 but looks lower. The RSI is already below 50 and the CCI is just above 0, a move below 0 is negative. Look for a break under 35.80 to establish shorts for price targets in the 33.50 area. Smoking is now to expensive and smokers are either cutting back, quitting or moving to cheaper brands.


EspaƱol-
PM - La accion esta en prueba de soporte a 36.00 pero se ve bajista. El RSI ya esta por debajo de los 50 y el CCI un poco por encima de 0, un cruze por debajo de 0 es muy negativo. Se busca ruptura de los 35.80 para entrar en cortos con objetivo en area de 33.50. Fumar a llegado a ser muy caro y los fumadores estan reduciendo la cantidad que fuman, dejan de fumar o se compran otras marcas menos caras.

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