Panjang

BAT Further upside?

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What a strong day for BAT yesterday, at one point up close to 20% before pulling back and closing up 9%. As shown, BAT did come just shy of the $0.20 level, and the 0.27 fib extension. So far today we did continue to pullback but are finding support at $0.17 and getting bought up into the close. I believe further upside is possible over the next few days, if BAT can break the $0.20 level I will be targeting the 0.618 fib extension which aligns with the $0.22 zone.

Penafian

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