JSE:BAT Brait AccumulationBrait (BAT) stock is being accumulated since December 2017. A volume profile cluster is found between 37 and 39 were buyers have been active. After some high volume tests at the bottom of the range, a lower volume test indicates supply has dried up and the stock could be ready to be marked up. There is divergence between price and the Volume RSI. Once the volume cluster is broken then the cluster at 43 is a target. Price action at the top of the range will indicate if the stock is going to be marked up or there will be another test of the supply line.
