PM STOCK POSSIBLE BOUNCE AT 100 LEVEL-LONG

Actualizado
PM - PHILLIPS MORRIS IS RIGHT NOW IN A DOWN TREND; HOWEVER, PM STOCKS MIGHT FIND SUPPORT AT LEVEL OF 100, WHICH HAPPEN TO BE THE 61.8% OF THE BC WAVE.

THE TARGET IS FIRST THE 50% (107.96) FIBONACCI RETRACEMENT AND SECOND THE 61.8% LEVEL (109.82).

IF PM BREAKS THE 100 LEVEL DOWN FOR A GOOD MARGIN, THE LONG CONDITION IS CANCELLED

GOOD LUCK!!!!!

Nota
Stock hit both target 50% AND 61.8%. It might now start leg B down.
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