BATS: More downside to come?

BRITISH AMERICAN TOBACCO ORD GBP0.25 (LSE_DLY:BATS)

LSE_DLY:BATS BRITISH AMERICAN TOBACCO ORD GBP0.25

Here we can see that, although weak, the BATS is not yet recovering, and seems to be stalling.
If there was demand we should have seen a good V shaped recovery, perhaps this is a bounce off of some buy orders, and once these have dried up, a drop to the next lot? The MACD Seems to be in a channel.

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