BATS/IMB Comparison.Will BATS stay strong against IMB, or will they revert back to last decade's spread ranges?
LTH could improve return buy swinging between the two with some of holdings.
Not financial advice!
Key stats
Market capitalization
78.458BUSD
Dividends yield (FY)
7.88%
Price to earnings Ratio (TTM)
10.00
Basic EPS (TTM)
3.54USD
About British American Tobacco Industries, p.l.c
ISIN
US1104481072
Sector
Consumer Non-Durables
Industry
Tobacco
Website
bat.com
CEO
Jack Marie Henry David Bowles
Headquarters
London
Employees
50.397K
Founded
1997
British American Tobacco plc is a holding company, which engages in the manufacture and distribution of tobacco products. Its brands include Kent, Dunhill, Lucky Strike, and Pall Mall. It operates through the following geographical segments: United States, Asia-Pacific and Middle East (APME), Americas and Sub-Saharan Africa (AMSSA), and Europe and North Africa (ENA). The APME geographical segment consists of markets in the Middle East merged with Asia-Pacific. The AMSSA geographical segment is composed of markets in East and Central Africa, West Africa, and Southern Africa merged with the Americas region. The ENA geographical segment includes markets in Russia, Ukraine, Caucasus, Central Asia, Belarus, Turkey, and North Africa merged with the Western Europe region. The company was founded by James Buchanan Duke on September 29, 1902 and is headquartered in London, the United Kingdom.
Break out for BATSNot a BATS out of hell just yet but a breakout all the same. Broken away from 2756 and a good dividend, but now has to clear 3000 last established in Jan 2020.
$JSEBTI - British American Tobacco: Where There Is Smoke, ......BAT released its annual results for FYE 31.12.2022 yesterday.
There are some highlights and I recommend investors and traders read for themselves.
Seeing that the share traded lower on the news, it can be concluded that Mr. Market is not that excited.
Looking at BAT from an Elliott Wave perspective
British American TobaccoNYSE:BTI is showing signs of weakness, maybe it's that sky capture thing. The stock might test R600, unless there are buyers to push the price up.
British-American Tobacco Now BearishBTI has price has gone below 11 November low, this represent failure of a daily cycle and price turning bearish. Not far from current low is 29 September low of R634.01, if this is breached the bearish extends to the weekly price action further confirmation of a bearish trend ensuing.
For traders
British-American Tobacco Ending UptrendBTI has hit upper blue resistance where it was rejected, price can be expected to find support around current price level, however any swing highs from then on are worthy of a short entry. The pivot that forms will guide re-entry after taking profits. If price breaks below R634.01 (29 September low)
BRITISH TOBACCO - Resistance Ambush Zone- 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.
BTI - LongA bullish Harami pattern has formed on a string support level on JSE:BTI . Looking for a move up to the R780 level.
Long and short trades in a value areaPossible long and short trades that can be taken when trading from a value area.
the 1hr 20ma or 100ma cross over can be used as a trigger.
stop loss previous swing high or low.
target at the control line
Value area tradingTrades can be taken from the top edge to the control line - short
and from the bottom edge to the control line - long
entry triggers can be higher highs, HL, LH, LH - double tops/ bottoms - head and shoulders - wicks, or small value areas.
See all ideas
MindsNEW
Popular thoughts and analysis from traders watching this symbol at the moment.
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