Trade British American Tobacco with Unum Capital.
To get started, email lester@unum.co.za
This post is a continuation of the commentary on the share at various points over the 13 months (beginning December 2023).
It highlights both the manual views and automated tool used to take advantage of opportunities on both the buy (long) and sell (short) side.
The share currently trades at a 2-year high.
Well done to clients who may have capitalized on these opportunities.
At current levels, the model reading is as follows:
Previous Post: A Useful Tool For Uncovering Opportunity & Assessing Reward-To-Risk: BTI As An Example
Monday 25 November 2024 (Time: 11h04)
Are you taking advantage of the tools provided?
On the back of a the model reading on Friday 18 October (end of day) : "The reward-to-risk is becoming attractive for a small buy/long position", BTI has rallied from R600 to R680
Both the previous long and short side posts are shown below (scroll down for the previous posts)
Below is the reading for Fri 18-October, as mentioned above:
Previous Post: Get Ready To Trade: British American Tobacco
Date: Monday, 07 October 2024
Time Published: Pre-Market
Ticker: BTI
My model called for a pullback from overbought conditions, citing an unattractive reward-to-risk on the buy/long side.
Since then, the share has retreated from R690 to below R610
Next Best Probability Entry Range is shown below.
Previous Post: Thursday, 05 September 2024
Real-Time: 14h00
Ticker: BTI
Previous Post(s)
Real-Time: 10h53
Ticker: BTI
BTI has been a profitable medium term trading opportunity for clients of Unum Capital. At current levels, the high bullish momentum conditions benefit existing shareholders however, it may also be an opportunity to reduce into strength.
As re-iterated on Monday, 29 April:
As discussed in December:
Lester Davids
Analyst: Unum Capital
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