
Morning Trend | Phillip Morris makes a strong comeback, is the opportunity to fill the gap here?

Philip Morris (PM.US) staged a strong rebound during yesterday's trading session, with major funds repeatedly igniting attempts to fill the gap left by the decline at the beginning of the month. The sentiment among traders in the community surged as they chased hot stocks, and short-term speculative funds became noticeably active. From a technical perspective, the MACD has shifted towards positive divergence, and the 20-day moving average has become the current focal point of contention. If the price can stabilize above this line during today's trading, it is expected to initiate a new wave of upward correction. However, caution is warranted regarding the risks of pullbacks due to policy news related to oil fumes and sudden changes in the broader market environment. The key today lies in the sustainability of trading volume amid the divergence between bulls and bears. Short-term left-side bets for rebounds require quick entry and exit; only with accompanying volume can a smooth rise be expected, otherwise, the risk of a pullback could strike at any moment. Overall strategy: A bullish rhythm is only established by breaking the gap, so keep an eye on major fund movements
Philip Morris (PM.US) made a strong comeback during intraday trading yesterday, with major funds repeatedly igniting attempts to fill the gap left by the decline at the beginning of the month. The sentiment among traders in the community surged as they chased hot stocks, and short-term speculative funds became noticeably active. From a technical perspective, the MACD has shifted to a positive divergence, and the 20-day moving average has become the current focal point of contention. If it can hold above this line during today's trading, it is expected to initiate a new wave of rebound. However, caution is warranted regarding the risks of policy news related to oil smoke and sudden changes in the broader market environment. The key today lies in the sustainability of trading volume amid the divergence between bulls and bears. Short-term left-side bets on rebounds require quick entry and exit; volume must follow for a successful upward push, otherwise, the risk of a pullback could strike at any moment. Overall strategy: A bullish rhythm is only established by breaking the gap, so keep an eye on major fund movements

