Mar. 13 at 4:02 PM
$BTI defending the critical
$58.50-
$59.50 confluence zone. 📈 Bounced perfectly off the 0.5 Fib retracement and the 50MA (
$59.10). Management's conservative 2026 guidance shook weak hands earlier this month, but the 5.4% yield and
$1.7B buyback provide a rock-solid floor. At 12.7x P/E, it remains deeply undervalued vs peers. Bullish pin bar off support signals continuation. Entry:
$59.50-
$60.00. Target:
$63.22+. Stop:
$57.50. #BTI #PriceAction #DividendStocks #ValueInvesting #TradingSetup
