Having a look at BTI from a short term perspective.

Lester Davids, Unum Capital Trading Desk analyst, is having a look at BTI from a short term bounce perspective.

The share down R190 over the last month alone.

We are looking at 595/605 as a possible level (if we can get it). Looking at 45 to R55 upside. Now at R610.79 on my screen.

For those trading in South Africa BTI is not available as a CFD, however you could look at using RNI for your entry.

Although RNI does provide access to BTI its not a very good proxy if you have a look at the comparative between the two stocks.
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