Robert Walters could reach its GBp 400 resistance.

From a fundamental viewpoint, the company is strong. It has a reasonable valuation with an EV/Sales ratio of 0.37x. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the GBp 373 short term support. This trend should allow the stock to reach its GBp 400 long term resistance, which will be the first target price.

According to both technical and fundamental elements, it seems opportune to open a long position at current prices. A stop loss will be placed under the GBp 373 short term support to avoid a downtrend. The main target will be at GBp 400.