Trinity Mirror’s share price was heavily penalized and is now in an oversold situation near to a solid support area.

According to Surperformance© ratings, the company constitutes an opportunity for a trading strategy. Indeed, its future EPS have been revised upward recently.

This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the GBp 145 area, corresponding to a short-term resistance and a trendline.

In consequence, investors should buy the stock in the current area and aim GBp 145. The stop-loss will be positioned below the GBp 128 support.