đ $BAT : CAN IT BREAK OUT TO $0.118 OR DROP TO $0.083?
$BAT is trading around $0.104 and testing a descending trendline that has capped its rallies since January.
The key level to watch is $0.102. A strong daily close above this resistance could open the door toward:
đŻ $0.118 â first target
đŻ $0.130 â next upside level
On the downside, $0.0936 is the key support to hold. If it fails, $0.0846â$0.0830 becomes the next area to watch.
My take: A confirmed breakout above $0.102 could strengthen the bullish case, but losing $0.0936 would put the lower support zone back in focus.
$BAT is trading around $0.104 and testing a descending trendline that has capped its rallies since January.
The key level to watch is $0.102. A strong daily close above this resistance could open the door toward:
đŻ $0.118 â first target
đŻ $0.130 â next upside level
On the downside, $0.0936 is the key support to hold. If it fails, $0.0846â$0.0830 becomes the next area to watch.
My take: A confirmed breakout above $0.102 could strengthen the bullish case, but losing $0.0936 would put the lower support zone back in focus.