years on the market

Trading ideas for British American Tobacco PLC 07.04.2020

#BATS

The overall trend is downward. The resistance level of 30.20 holds back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the support level of 29.00 will result in the formation of a 1-2-3 descending pattern within the overall downtrend.

Trading recommendations:

Sell below 29.000.

Stop loss: 30.200. 

Target levels: 28.15; 26.30; 25.00.

The #BATS rate online: monitor the movement of the shares in real time.

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