RHB Retail Research
Trading Stocks - British American Tobacco
British American Tobacco’s minor pullback, which set in following its prior rebound, has likely found a support level at MYR12.64. Provided prices stay above this level, the possibility is high for the stock to extend its upward move in the short term. The resistance levels are marked at MYR13.65 and MYR14.30.
Source: RHB Securities Research - 18 Mar 2021
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