British American Tobacco closed at R537 after reaching an intra-day low of R513.24 post the Quebec court of Appeal ruling. A test of the 38.2% fib retracement at R565 could be possible. Support can be found around R509.78.
Richemont closed above the 200-day MA this week. Support can be found at the 38.2% fib level R106.31. Horizontal resistance around R113.50.
Walmart will release its fourth quarter and fiscal year 2019 results tomorrow before the opening bell. Reuters consensus looking for $1.08 per share. A beat of current estimates could lead to a test of fib. level $101.31 followed by the upper end of the range around $102.5. The 50-day moving average at $96.10 could provide some support if there is a downside surprise.
Apple closed slightly lower on Friday at $170.42, if the 50-day moving average can hold currently around $170.35 a test of the 61.8% retracement level at $176.59 could be possible.