British American Tobacco smoking up to R623.86

Awesome W Formation was made on British American Tobacco.

Price broke above the neckline and above the 20 and 200MA.

Looks great for upside all the way to R623.86 as the first target.

Now the JSE ALSI needs to follow suit for the momentum to continue.
ALSIbritishamericantobaccoBTIChart PatternsFundamental AnalysisjsesouthafricaTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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