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BTI: more downside potential?

Short
BRITISH AMERICAN TOB PLC (JSE:BTI)  
Peet_Serfontein  
JSE:BTI   BRITISH AMERICAN TOB PLC
Trend Analysis Chart Patterns BTI
4
0
trendanalysis chartpattern bti
A bearish trend is supported by a price action below 55300.
Downside price momentum supports the bearish trend.
Remains below its 200-day simple moving average.
MACD crossover supports a change in trend direction to bearish.
RSI leaves enough room for further downside price potential.


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