TradingView
techpers
Dec 7, 2023 6:45 AM

BTI Flash View 

BRITISH AMERICAN TOB PLCJSE

Description

Thursday 06-December-2023, 06h30 British American Tobacco (BTI, 53198c). BTI's market update saw it's share lower by almost 11% on the day - it's biggest daily decline since 2019. There's plenty of opinion and commentary, so to differentiate, I'll present my brief manual view as well as the reading from the Tactical Trading Guide as of yesterday's close. Testing the lower boundary of parallel channel. The upper and lower boundaries of the channel connect the highs and lows of the price trend to reflect key accumulation and distribution levels.
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