Idea for swing trade
Share price consolidating at recent lows
Heavy price decline in 2018 due to declining tobacco volume consumption and US regulatory concerns but effectively the risks are pretty much priced in the current share price
low PE
Company has great profit margin
RSI divergence on 1D and 4H chart
Atleast 3:1 trade
Share price consolidating at recent lows
Heavy price decline in 2018 due to declining tobacco volume consumption and US regulatory concerns but effectively the risks are pretty much priced in the current share price
low PE
Company has great profit margin
RSI divergence on 1D and 4H chart
Atleast 3:1 trade
Comment:
Stopped out