British American Tobacco
Monthly Chart View: Over the course of the last month, the price has tested the underside of the prior support level that saw a "three falling peaks" formation being developed. The price remains above the incline support of the lows going back to May 2009, however a break below this level may signal a long term change in trend. Long Term...
Long at demand zone around 3956 below in reversed upward trend. Seeming the solid basment for support to consider opening LONG position from the uptick
The current economic indicators of the company show us that the fundamental situation is positive.
ROE: 108,81%
ROIC: 8,33%
Profit margin: 184,96%
P/B: 1,46%
What's more on the chart we can see accumulation phase. There is a SOT formation here, you can also see the selling climax.
This may mean that the company's stocks are currently being bought.
British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant,...
BATS had a selling climax into 38.2% long term Fibonacci support when Philip Morris missed on earnings.
This was the end of the correction and the share is currently breaking out of its downward channel.
With a low PE en high dividend yield its the perfect time to buy the share.
A huge reward available with little risk
British American Tobacco (NYSE: BTI) is pleased to announce today the completion of the acquisition of the remaining 57.8% of Reynolds American Inc. (NYSE: RAI) the Company did not already own.
The acquisition creates a stronger, global tobacco and Next Generation Products company committed to delivering sustained long-term profit growth and returns. BAT now has...
British American Tobacco looks set to break-out. This is one of my favourite stocks to own because I doubt humans will stop partaking in such guilty pleasures!
