Why do we love the Altria chart? Have you seen its insanely accurate weekly vertical crossovers?
The Altria weekly chart crossed over going up on Friday. If you follow the show on a daily basis, you knew it was coming and, hopefully, practice traded it.
Besides having a killer-accurate chart, Altria is only $50 a share, plus it pays a crazy high dividend (~6.5%-8%). Wow! With just the earnings, the Rule of 72 tells us that dividends alone can double the value of Altria in as little as 9 years.
Think of the possibilities for smart dividend re-investing based on the charts, using puts to insure through earnings and selling covered calls. With a great chart, super dividend and a masterful trading skill set, how often could you double your position?
Remember: All it takes is practice!
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Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer.
Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe.
Use the lessons we teach every day to accurately chart any stock, commodity or ETF. We give you daily, real life lessons with the four ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds and Gold. We have all the tools you need to learn how to trade.
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