BAT still puffing strongly
Minor retreat before Exxaro shows a new rally
WE SHOW THE CHARTS of two popular trading stocks on the JSE. The first is British American Tobacco (BAT), one of the two largest stocks on the local market. The other chart shown is of Exxaro, a diversified mining company. BAT’s share price has been doing well over recent months and looks ready for another up-leg.
Likewise for Exxaro: it’s showing a minor pullback before another short-term rally. Traders look to capitalise on those moves.
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