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Shares / British American Tobacco ST: the upside prevails as long as 77070 is support
« on: November 26, 2015, 08:49:55 am »
Pivot: 77070
Our Prefernce: the upside prevails as long as 77070 is support.
Alternative Scenario: the downside breakout of 77070 would call for 71955 and 70426.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA
Our Prefernce: the upside prevails as long as 77070 is support.
Alternative Scenario: the downside breakout of 77070 would call for 71955 and 70426.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA