IMB Imperial Brands

chart missing here...and i will correct the typos! it was midnight....

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great charts guys....keep drawing charts please!! nice to see...

imb daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...OHI+c30zIH/bqMLAM8E=

looks like a h&s top imvho...next support is 2500 i think...

imb - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...rdxRnxAJQwE8IzPqk%3D
the weekly shows a main trendline break....and note how the 50 day ema line, and 200 day ema line crossover looks imminent....aka the death cross!!
indicative of longer term weakness imvho....if it happens....

i'm not sure why you want to be long here at this time tbh...i think never buy a share for the divi...as such, the divi is never guaranteed, i would say always make sure the technical setup looks right before buying....any divi's are a bonus...

if you are a big fan here, wait for higher high(1,2,3 low) before going long....

atb, wdik, dyor,
trendfriend

great charts guys....keep drawing charts please!! nice to see...

imb daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...OHI+c30zIH/bqMLAM8E=

looks like a h&s top imvho...next support is 2500 i think...

imb - weekly.
the weekly shows a main trendline break....and note how the 50 day ema line, and 200 day ema line crossover looks imminent....aka the death cross!!
indicative of longer term weakness imvho....if it happens....

i'm not sure why yo want to be long her tbh...never buy a share for only the divi...as it's never guarenteed, always make sure the technical setup looks right before buying....

if you are a big fan here, wait for higher high(1,2,3 low before going long....

atb, wdik, dyor,
trendfriend

I'd like to think IMB is overdone with well over 30% fall from it's highs, it does seem to be at support levels, i.e trend lines, fibb levels, previous highs from january 2008, looked like a hammer formed on the daily on friday, it does pay over 6% dividend, does anyone with better charting think it's at supports??




rt6.t.prorealtime.com/ProRealTimeNew/dis...uafm0k64bdy&type=png

IMP Imperial Brands Weekly.

I was looking at buying this in a pension, but I believe it could be in trouble.

From my limited experience, it looks like it's broken it's weekly uptrend since 2009.



close up



A close below 2900 looks ominous.



There is support at 2750.

Trendfriend, what do you think?