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Shares / British American Tobacco ST: the upside prevails as long as 82225 is sup
« on: January 20, 2016, 07:26:51 am »
Pivot: 82559
Our Prefernce: the upside prevails as long as 82559 is support
Alternative Scenario: below 82559, expect 79151 and 77106.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 84366.55 and 82870.66). British American Tobacco is currently trading near its 52 week high reached at 89488 on 11/12/15.
Our Prefernce: the upside prevails as long as 82559 is support
Alternative Scenario: below 82559, expect 79151 and 77106.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 84366.55 and 82870.66). British American Tobacco is currently trading near its 52 week high reached at 89488 on 11/12/15.