Altria Close To Support (MO)

Altria Group, Inc. MO is nearing levels of support, despite recent weakness in shares. It is at the bottom end of its Bollinger Band, which is $24.46, and this coincides with its 50 day moving average of $24.45. Shares should bounce here and the next level of resistance is its 20 day moving average, at $25.21. Altria Group engages in the manufacture and sale of cigarettes, wine, and other tobacco products around the world.