BRITISH AMERICAN TOBACCO ORD GBP0.25
เพิ่มขึ้น

BATS... Time to buy the bottom of the Dip?!

161
Here we see BATS on the daily, there are three factors indicating the price may have found a bottom...

1) The RSI has formed a divergence, the RSI MA has hit the oversold 30 bar (which is a rarity).

2) The MACD has had a crossover, albeit in the lower half.

3) the share price has hit a key level, in it being the major resistance level prior to the breakout in 2021.

Also, let us note that BATS has a "buy" rating, and price target of £35 to £41, and is currently yielding over 8%.

Obviously there might be something happening with the company behind the scenes, but I think that is unlikely as we can see insiders have been doing nothing but buying...
lse.co.uk/DirectorsDeals.asp?shareprice=BATS&share=British-American-Tobacco

Therefore, if I had sold out, which I should have done at £36, I would more than be happy buying back in now. However I didn't sell any, as my average was only £28, so I will top up on this drop and more so if we are lucky to see £26 again.

Thanks!

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน