years on the market

Trading ideas for British American Tobacco PLC (LSE) 14.02.2020

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. The support level of 33.30 holds back sellers, and Stochastic Oscillator signals oversoldness. If the price fixes above the resistance level of 33.77, it will result further growth within the overall uptrend.

Trading recommendations:

Buy above 33.77.

Stop loss: 33.30.

The goal: 34.95.

If the profit ratio is equal to the potential risk, it is possible to partially close the transaction and transfer it to breakeven.

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