Hi folks, BAT has been rising in an ascending channel since March. The channel itself represents circa 17% price swing and right now BAT is trading at the bottom of this channel after a recent pullback. There may be an opportunity here to take a Long position with a price target of just below the recent high of 0.26.
A tight stop loss is crucial here.
This is only my opinion and does not represent financial advise. Do your own research.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.