MarketIntel

Altria: You Can Get It If You Really Want 💊

NYSE:MO   Altria Group, Inc.
You can get it if you really want,
You can get it if you really want,
You can get it if you really want,
But you must try, try and try,
Try and try, youâ€ēll succeed at last.

Altria should take the lyrics of this famous rocksteady song by Jimmy Cliff to heart and continue trying to reach the compound consisting of the turquoise zone between $50.29 and $52.07 and the magenta-colored zone between $50.67 and $53.47. The share can then use either of both zones to complete wave B in turquoise before turning downwards again, resuming the descent below the support at $40.35 to develop wave C in turquoise. There is a 35% chance, though, for Altria to start the downwards movement below $40.35 earlier. In that case, the share would have finished wave alt.B in turquoise by now, would ignore the zone-compound on the upper side and thus deploy wave alt.C in turquoise directly.
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