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Writer's pictureLester Davids

British American Tobacco (BTI): The Next Key Level - Tuesday, 06 August 2024

  • Previous comment: Reduce into strength.

  • Next Key Level = the rising 21-day EMA or just below it (do note that the share can overshoot to the downside).

  • This opportunity is ideal for traders with an ultra short term time frame, looking for technical support within an upward trend.


 

Pre-Market

  • Reduce into strength

 

Previous Post


  • REAL-TIME: 14h21

  • Strong Upside Follow-Through, But Short Term Overbought


Here's what the real-time model reading states:


BTI was featured in my report: Active Trading Plan (Monday, 22 July 2024)


Lester Davids

Analyst: Unum Capital

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