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Trader-Dan
Feb 8, 2024 11:05 AM

BTI - 200dma Resistance 

BRITISH AMERICAN TOB PLCJSE

Description

The stock has had a powerful move after a well received trade update.

The next hurdle to pass is the downsloping 200 day moving average and swing high at R610. Perhaps a consolidation/flag before a break out ?

Bulls will want to defend R575 now on any pullbacks.
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