LONG BRITISH AMERICAN TOBACCO

Updated
Idea for swing trade

Share price consolidating at recent lows

Heavy price decline in 2018 due to declining tobacco volume consumption and US regulatory concerns but effectively the risks are pretty much priced in the current share price

low PE

Company has great profit margin

RSI divergence on 1D and 4H chart

Atleast 3:1 trade




Comment
Stopped out
Technical Indicatorsrsi_divergence

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