Get started
Peet_Serfontein

BTI: corrective pattern next?

Short
BRITISH AMERICAN TOB PLC (JSE:BTI)  
Peet_Serfontein  
JSE:BTI   BRITISH AMERICAN TOB PLC
Trend Analysis Chart Patterns Technical Indicators
2
1
trendanalysis chartpattern indicator
Below 67600 supports a bearish trend direction.
Downside price momentum supports the bearish setup.
RSI is overbought - increasing the likelihood of a throwback.
Trend strength also indicates a strong trend that precedes a correction.
Correction might only be temporary.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.