The GBp 962 resistance is in line of sight.

The company shows strong fundamentals. The consensus revised upward EPS estimates for this year over the last 4 months and that let see a great potential for the security on the stock market. The average price target displays a 6% potential compared to the current prices.

Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In daily data, 20 periods moving average helps the stock to keep its uptrend. Moreover, the stock is back on a former resistance which is acting now as a support.

Therefore, taking into account the strong fundamentals and technical patterns, it seems opportune to buy the stock at current prices in order to benefit from a possible reversal. The first target price is the GBp 980 resistance. A breakout of this level will be a new bullish signal for higher target price.
A stop loss will be placed under the GBp 935.5 short term, threshold that would invalidate this trading strategy.