An extract from my weekly research report.
British American Tobacco (57044c)| Positive Technical Outlook| The share's weekly RSI is looking to break above an 8-month resistance level and has breached the downward trend line extending back to it's peak of April 2020. The medium term (equity portfolio) upside target is around R630, just below the 200-week simple moving average. Weekly Chart.#TradingPlan #KeyLevels
British American Tobacco (57044c)| Positive Technical Outlook| The share's weekly RSI is looking to break above an 8-month resistance level and has breached the downward trend line extending back to it's peak of April 2020. The medium term (equity portfolio) upside target is around R630, just below the 200-week simple moving average. Weekly Chart.#TradingPlan #KeyLevels
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.