Nervous About the Markets? Take a Smoking Break

What should you be doing if the market is stressing you out? Not sure if we go up or down? Afraid of your last trade right after you have entered it? Step outside and grab some smokes. These three are not only holding up well but look rather bullish. All with dividends over 4.5% what more do you need to know.

Lorillard, $LO

Lorillard, $LO, is in a bull flag with a Relative Strength Index (RSI ) that is bullish and rising again. It also has a Moving Average Convergence Divergence (MACD) indicator that is positive. A move over the top of the flag gives a target on a Measured move higher to 143.25.

Altria, $MO

Altria, $MO, has had a long trend run higher from 27.70. Consolidating between 30.90 and 31.40 now it has worked off a technically overbought condition on the RSI and has a MACD that is glance off the zero line, not crossing. A move over the top of the range triggers a target of 32.40.

Reynolds America, $RAI

Reynolds America, $RAI, has been consolidating at previous resistance from December and January near 41.20. With a bullish and now rising again RSI coupled with a MACD that has been trending higher it may be ready to head higher. Look for a move over 42.25 as your entry with a target on a Measured Move to 44.60.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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