Trader-Nazeer

BRITISH TOBACCO - Resistance Ambush Zone

Short
JSE:BTI   BRITISH AMERICAN TOB PLC
- BTI presented a great short opportunity intraday off the back of negative news.

- Consequently, price was in the ambush zone of the last leg down.

- If bulls don't reclaim R686 in the today or tomorrow, we could likely see the 200dma tested or even swing low.

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