The Double Bottom is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern after a downtrend.
A clear signal has emerged for Philip Morris International (PM) on the daily chart. With a last close of $158.1, volatility remains active (0.49%). The primary technical feature is a Double Bottom formation. Volume is average (0.89x avg) with moderate trend strength (55.1). A potential breakout level is identified at $189.61, targeting $227.58 with support near $170.62 (R:R 2.0).
What is your outlook on PM?