Daily Mail and General Trust could regain its upward trend after having run out of steam.

The group enjoys upward revisions in earnings per share and growth prospects.

Technically, the uptrend in the medium and long term should protect the stock of a major downtrend. In the short term, a decline has led the share to the GBp 770 support. Therefore, a technical rebound will fix an objective near the GBp 804 short-term resistance. The 20-week moving average should help the stock to bounce.

Investor should watch the security close to GBp 770 to take advantage of a new upward acceleration in the direction of GBp 804. A stop loss is placed under GBp 770.