JSE:BTI British American TOB Reaching Overbought

١٤ سبتمبر ٢٠١٩

BTI has undergone distribution, a backup to the TR and is busy with a markdown. Since the beginning of 2019, it looks like a redistribution TR is taking place. Now price is approaching the overbought line. There is negative divergence with the volume RSI indicating a continuation. Will be looking some supply volume to push the price further down.