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Home / Ranges / British American Tobacco p.l.c. (BATS.L) 10-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

British American Tobacco p.l.c. (BATS.L) 10-10-19 A trading opportunity for you?

British American Tobacco p.l.c. (BATS.L): currently trading within a range.  Will support be broken, or will the range prevail and send the price back to highs of 2984p? (+22%)

 

  • Now trading around the 2800p support at 2792.0p (at time of writing).
  • Will the range continue? It has proven reliable recently.
  • The top end of this range has been 2984p? (+22%).
  • Technical traders might seek to place stop losses outside of this range, in case of breakout.
  • Shares -22% from 12-month highs; +17% from 12 month lows.- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

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