$JSEBTI Breakout and retestRetesting breakout. Stop loss if we break back into that downtrend.Longby KoosKanmarUpdated 3
BTI - Positive RSI divergencePositive RSI divergence may be signalling short term bottom - waiting for break of downward sloping resistance as confirmation Longby gillybloreUpdated 3
Consolidation 2437-2650Company gained about 1775% since 1996 to 2017 and then it lost about 55% of its price. Now it is being consolidating between 2347-2650. So out of this borders it will just bangby Buckswheat2
Good defensive play for those who wish to be fully investedApproximately one month following the FDA’s menthol announcement, selloff has caused British America Tabacco BATS to drop more than 50% in value from its all time high. Although it's understandable this is concerning for investors, I don't believe it will ultimately have a huge effect even if the ban is passed into law. Although I remain cautious, it has pushed their valuation to an extremely attractive level and presents long-term investors with an excellent opportunity. Tobacco stocks have traditionally held up well during bear markets, and I think British American Tobacco is a good defensive play for those who wish to be fully invested. Longby warrenhochfeld1
THIS IS A GREAT SETUP FOR A BIG MOVE!British American Tobacco (JSE:BTI), is one of the top 5 tobacco companies in the world, owning popular tobacco brands like Palmal, Kent, Lucky Strike Dunhill, Kool, Benson and Hedges, Peter Stuyvesant and Rothmans. With its headquarters in London, BAT has global operations in more than 180 countries. BAT shares are for sale on the London Stock Exchange and have a secondary listing on the Johannesburg Stock Exchange (JSE). BTI has partnerships with more than 90,000 farmers and factories in 42 countries. 9 of the group’s 44 factories are located in Africa and BAT has had a presence in South Africa for more than 100 years. Established in 1976, the factory in Heidelberg is the eighth largest BAT factory in the world, producing more than 27 billion cigarettes a year for local and export markets. The world has become far more health conscious than before and this is evident in the share price movements over the last 2.5 years. E-cigarettes are the key focus of the large tobacco manufacturers but don't seem to be selling quite as well as they would have hoped. I am sure that we can expect innovation from the large manufacturers on the heated tobacco topic but this will definitely not be without it's challenges. It seems the big tobacco companies are strategising around health research that it’s smoke, not nicotine, that causes cancer and associated lung diseases. Part of the strategy will be to develop smaller versions of the Glo Stick with higher levels of nicotine in order to boost sales. Generally speaking, we think that individual smokers will consume fewer cigarettes each and smaller percentages of populations will smoke. While cigarette sales in developed countries continue to decline year-on-year, sustained volume growth is widely predicted in emerging markets, driven by population growth and increasing disposable income. As a result, the overall value of the tobacco market continues to increase. This value is expected to continue growing in the future. The resilience of the industry is underlined by the continued year-on-year net revenue growth, at constant rates of exchange. Let's look at the technicals. Weekly (pink): The steady share price increase on the left of the chart came to quite a sudden stop around June 2016. I am now looking at the corrective structure formation which has unfolded since that point. According to my analysis, we are in wave 3 of the correction. We can see the effort the share price has made to reverse from earlier this year and we may possibly see some upside from this point. It is also a possibility that there will be further decline and wave 3 could lengthen. In the longer term I am expecting price to move back to the top of the weekly structure. Daily (blue): A look at the daily time frame shows a likely structure setup which ties in with the larger perspective as well. This is very likely the start of wave 3 on the daily structure which would also indicate the start of wave 4 on the weekly structure. Both setups have the potential to yield a large move to the upside. H4 (green): As you can see on the chart above, price has just broken out of the H4 correction. This indicates that it is unlikely to have another wave to the downside and that the move to the upside has begun. The chart above illustrates the entry and exit levels that I will be looking at for this trade. Enjoy the freebie! To receive my exact entry and exit levels for all the instruments that I trade, install our mobile app and subscribe to our signal service: www.greenboxmarkets.com Happy Trading! LintonLongby Linton_White224
Having a look at BTI from a short term perspective. Lester Davids, Unum Capital Trading Desk analyst, is having a look at BTI from a short term bounce perspective. The share down R190 over the last month alone. We are looking at 595/605 as a possible level (if we can get it). Looking at 45 to R55 upside. Now at R610.79 on my screen. For those trading in South Africa BTI is not available as a CFD, however you could look at using RNI for your entry. Although RNI does provide access to BTI its not a very good proxy if you have a look at the comparative between the two stocks. Longby MarkWeetman2
Caution: British American Tobacco - Three Falling PeaksMay-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. by LD_Perspectives3
$BTI shortBTI is trading at 1.25 book value and IMO it should go to the .618 % and trade near the 75% of it book value which is 36.91. So I would go for the the 32-28 TGT price.Shortby showerreportUpdated 3
Trend AnalysisFollowing BTI for weeks . A test in support/resistance and a possible bounce in a bullish move .We wait for buy signalsby Tebogo_Makofane2
Long Term View: British American TobaccoBritish American Tobacco Monthly Chart View: Over the course of the last month, the price has tested the underside of the prior support level that saw a "three falling peaks" formation being developed. The price remains above the incline support of the lows going back to May 2009, however a break below this level may signal a long term change in trend. Long Term Neutral - There Has And Will Again Be Better Entry Levels. by LD_Perspectives3
LONG AT BATSL Long at demand zone around 3956 below in reversed upward trend. Seeming the solid basment for support to consider opening LONG position from the uptick Longby Tacouin2
British American Tobacco (Possible trend change)The current economic indicators of the company show us that the fundamental situation is positive. ROE: 108,81% ROIC: 8,33% Profit margin: 184,96% P/B: 1,46% What's more on the chart we can see accumulation phase. There is a SOT formation here, you can also see the selling climax. This may mean that the company's stocks are currently being bought. Longby Suminski1
BTI In My View Is Bullish Rest Of Year!!British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands. The company sells its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom. WHAT HAPPENED LAST YEAR AT THIS TIME? Price action in 2015, was in between $52.00 to $60.00, price action is around $50, or overSOLD now. Will be doing end of year CALL option spreads at this time. My 1st article earlier this year was after MERGER, which intialially took price action up to $72, then drop price action hard to now price action of $50. LOOK FOR NEXT EARNING REPORT NOTED ON: JULY 25, 2018... COULD DO EITHER WEEKLY OR MONTHLY CALL OPTIONS BEFORE OF END OF YEAR. Price action was same as now in 2015, a couple of years ago. Longby AnbatUpdated 4
Perfect time to BUY BATSBATS had a selling climax into 38.2% long term Fibonacci support when Philip Morris missed on earnings. This was the end of the correction and the share is currently breaking out of its downward channel. With a low PE en high dividend yield its the perfect time to buy the share. A huge reward available with little riskLongby Marko618Updated 2
Formation of a head and shoulder?Potential movements laid out from support and resistance levels, to closely monitor.by clingwrappingsheets1
BTI DID TAKEOVER REYNOLDS AMERICAN British American Tobacco (NYSE: BTI) is pleased to announce today the completion of the acquisition of the remaining 57.8% of Reynolds American Inc. (NYSE: RAI) the Company did not already own. The acquisition creates a stronger, global tobacco and Next Generation Products company committed to delivering sustained long-term profit growth and returns. BAT now has a balanced presence in high growth emerging markets and high profitability developed markets, combined with direct access to the attractive US market. Increased access to a significant proportion of Group cash flows provides further support to the Company’s continued commitment to a dividend payout ratio of at least 65% and a strong financial profile, targeting a solid investment grade credit rating through progressive deleveraging. BAT’s Chief Executive, Nicandro Durante commented: “This is a transformational deal. We will take the best of the best from both businesses across all areas to create a stronger, more sustainable company. We are pleased to welcome Reynolds group employees to British American Tobacco and look forward to progressing what we are confident will be a smooth integration. Work has already begun to realize the projected cost synergies and we are committed to driving continued, sustainable profit growth and returns for shareholders long into the future.” * They will be rolling out a new NEWPORT marijuana cigarette next year (2018), which might rocket price action up further. Continue to monitor at this time.Longby Anbat223
What im looking out for before the #budget #UKshareslets see what he comes up with today!by RajDhall3
TECHNICALS | BATS Break-OutBritish American Tobacco looks set to break-out. This is one of my favourite stocks to own because I doubt humans will stop partaking in such guilty pleasures! Longby PrometheusCHT6