SteynTrade

JSE:BAT Brait Continuing the Downward Stride

Short
JSE:BAT   BRAIT PLC
Brait has been marking down in a defined channel. Price has now reached the overbought line of the downward stride and some volume is seen. Negative divergence on the volume RSI also points to a continuation of the downward trend.

Disclaimer

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.