$BTI is not a company that I condone but we are here to make money and provide a better life for ourselves and that is our main aim, so we will buy what achieves this goal.
Price is about to test the 200 Day MA at $31.30, this moving average has been the resistance line since the middle of 2022, so a breakout here and we are into the reversal.
The $31.60 blue line has been on this chart for over 1 year now and it is not a surprise to see the 200 Day MA so close here.
So a flip of this level to support and $BTI is confirmed to be moving to the upside.
REMEMBER there is a 9.3% dividend payment here too.