The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Traders are watching Philip Morris International (PM) as price action tightens. Price has moved to $188.02 (-0.32%) amidst recent volatility. The primary technical feature is a Rounding Bottom formation. Volume is average (0.23x avg) with high trend strength (64.7). A potential breakout level is identified at $193.05, targeting $234.47 with support near $172.34 (R:R 2.0).
What is your outlook on PM?