$BAT APPROACHING HEAVY RESISTANCE .
0.16–0.17 IS KEY
BAT has recovered strongly from the 0.094 low and is now pushing back toward a major resistance area.
Key Resistance: 0.16–0.17
Rejection Target: 0.135
Extended Correction: 0.110
If BAT gets rejected from 0.16–0.17, I expect a deeper correction toward 0.11–0.12. A clean break and hold above 0.17 would invalidate that bearish correction setup and open higher levels.
Trade on $BAT
0.16–0.17 IS KEY
BAT has recovered strongly from the 0.094 low and is now pushing back toward a major resistance area.
Key Resistance: 0.16–0.17
Rejection Target: 0.135
Extended Correction: 0.110
If BAT gets rejected from 0.16–0.17, I expect a deeper correction toward 0.11–0.12. A clean break and hold above 0.17 would invalidate that bearish correction setup and open higher levels.
Trade on $BAT