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BRITISH AMERICAN TOB PLC

Caution: British American Tobacco - Three Falling Peaks

Por LD_Perspectives
May-16 to Nov-17 saw "Three Falling Peaks" develop. During the month of August we saw a re-test of the underside of a long term top with the price now testing the incline support going back to May 2009. Valuation "attractive" but there may be better entries at lower levels. Caution on a break of the upward trend line. 50-month moving average starting to lose upside momentum.
Chart PatternsTechnical IndicatorsTrend Analysis
LD_Perspectives

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