munyaelliott

BRITISH AMERICAN TOBACCO (BTI) 4-HOUR TIMEFRAME LONG

Long
JSE:BTI   BRITISH AMERICAN TOB PLC
This stock has just broken out of a descending channel ( bullish flag pattern), and is rallying towards the weekly descending trendline. Therefore, we should see much upside towards the 58 000-60 000 are. The technicals of this trade are as follows:

STOP LOSS: 52 000
TARGET: 60 000

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