Bought 100%
4 Mar

Philip Morris International Inc.
4 Mar
SHORTInvested Capital
10.1%
Selling Price
186.3$
Buying Price
177.0$
ROI
5.01%
$PM - Shorting with a pretty clear setup with a tight invalidation. 3% stop, 6% TP. Big tobacco which also owns a lot of vaping and smokeless tobacco and nicotine pouches. Don't usually like going against big tobacco but the chart is pretty clean for a short and some rumors of FDA might be changing some restrictions or bans. Some states like Washington have added a 100% nicotine tax.
