PM – Philip Morris International Inc.
Date: 15 May 2026
Sector: Consumer Non-Durables / Tobacco
Exchange: New York Stock Exchange (NYSE)
TradingView link: https://www.tradingview.com/x/XlUPTDLN/
The company has effectively been through two major expansion phases and two major consolidation phases. When viewed on the monthly timeframe, this is very clear in the two large pink boxes on the chart.
For investors who held the stock during those consolidation periods, there was obviously not much capital appreciation. However, Philip Morris has historically been a strong, consistent dividend-paying company during those years.
A couple of things are now beginning to stand out technically.
Firstly, the stock has recently pushed to all-time highs, which immediately puts it on my radar because one of the very first scans I run each day is for stocks approaching or breaking all-time highs.
Secondly, after breaking out of the first pink box in February 2025, the stock moved rapidly higher toward the top of the second pink box around ~$187.
Since then, we have now seen multiple failed breakout attempts:
12 February 2026 failed
25 February 2026 failed
This is one of the key reasons why I insist on waiting for confirmed closes above the pink box before entering trades. A stock can appear to be breaking out intraday, only to snap straight back into the congestion or consolidation zone shortly afterwards.
This current move now represents the third major push toward the top of the pink box in only a few months.
I’ve already set alerts at both ~$195 and ~$200 because I want to monitor this closely and keep it firmly on the watch list. If we begin to see sustained positive price action above those levels, that will be a very strong indication that the breakout is finally becoming genuine.
Entry trigger:
Three firms close above the pink box
Initial stop loss:
Previous 4H swing low
Multi-timeframe correlation
3M: Blue candle
1M: Blue candle
1W: Blue candle
1D: Blue candle
4H: Blue candle
When do I tighten the stop loss?:
Last 4H swing low
Potential target range (daily):
$203.06
Activated price targets:
Am I in this trade: No
Current return (R multiple): 0