It looks like we might have a swing up on our hands.

A couple of the tobacco companies had some bullish activity towards the end of the week. This could possibly be a small rotation of capital into the value that these companies offer since big tech had such a rough week last week.

Either way you look at it, these companies have been consolidating for a very long time. And they could very well be ovwrdue for some upside.

Long-term prospects for these companies are positive, and they offer good dividends. I can see these companies as good long-term investments. As for the short-term picture, it looks like we are getting a swing up.

Indicators for PM are pointing towards more bullishness than we have seen in a couple of months. We saw a higher low print on the short-term charts quickly followed by a breakout to the upside of short-term resistance. The short-term picture is looking pretty bullish at the moment.

The technical picture for MO looks slightly less bullish as the price action is still confined within a range that it has been in for several months. But the strong amount of buying towards the end of last week can't be ignored.

If we see the price climb above this channel, then it will coincide with a breakout to the upside of a long-term downward resistance. This long-term resistance has kept MO in a bear market for over a year. So, a break above this line could prove to be quite bullish if investors pile in. It is definitely something to keep watch of.

As always, I am not a financial professional, and this is not investment advice. Be careful and be patient. Dont anticipate the market. Rather, participate in the market. Don't invest money that you can't afford to lose. Give some of your investments time and know when to cut your losses.

Don't be greedy. Don't invest in anything you don't understand. Don't put all of your eggs in one basket. Don't listen to the hype. Don't fomo or panic into or out of trades. Do your own due diligence. And just follow the trends. A trend is your friend. Good luck trading.