Over the course of a few months, BAT has seen some incredible gains with very strong price action. This price action is clearly defined within the channel drawn on the chart. Most important is that the price currently resides close to one of the channel support lines. I'd argue that between the two support lines would be a great time to enter a long trade for BAT.
Be aware that this is a long term channel, to it could take a while before BAT hits your desired target.