Dignity : Support area as argument
By Etienne Veber
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 2,222 | GBX 0 | GBX 2,145 | -100% |
With a 4 star as Surperformance investment rating, Dignity is one of the best UK stocks.
The area of the GBp 2205 support should enable the stock to have a new bullish trend. The mid-term support in this area confirms its relevance. Technically, above these levels, 4-traders analysts are optimistic and count on a return toward the short-term resistances.
Investors can open a long trade within the GBp 2205/GBp 2256 area. In the first instance, the target price will be the 20-day moving average and the short-term resistance in the GBp 2400/2450 area.
In case of breakdown of the GBp 2205 support at the closing price, investors should close their trades.