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A Useful Tool For Uncovering Opportunity & Assessing Reward-To-Risk: BTI As An Example

  • Writer: Lester Davids
    Lester Davids
  • Nov 25, 2024
  • 1 min read

Monday 25 November 2024 (Time: 11h04)

  • Are you taking advantage of the tools provided?

  • On the back of a the model reading on Friday 18 October (end of day) : "The reward-to-risk is becoming attractive for a small buy/long position", BTI has rallied from R600 to R680

  • Both the previous long and short side posts are shown below (scroll down for the previous posts)

  • Below is the reading for Fri 18-October, as mentioned above:

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Previous Post: Get Ready To Trade: British American Tobacco

Date: Monday, 07 October 2024

Time Published: Pre-Market

Ticker: BTI


  • My model called for a pullback from overbought conditions, citing an unattractive reward-to-risk on the buy/long side.

  • Since then, the share has retreated from R690 to below R610

  • Next Best Probability Entry Range is shown below.


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Previous Post: Thursday, 05 September 2024

Real-Time: 14h00

Ticker: BTI


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Previous Post(s)


Real-Time: 10h53

Ticker: BTI


BTI has been a profitable medium term trading opportunity for clients of Unum Capital. At current levels, the high bullish momentum conditions benefit existing shareholders however, it may also be an opportunity to reduce into strength.


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As re-iterated on Monday, 29 April:

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As discussed in December:


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Lester Davids

Analyst: Unum Capital

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