Hays plc : Return on the GBp 88.65 support
By Etienne Veber
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 88.9 | GBX 0 | GBX 86.7 | -100% |
Hays is in an uptrend in the medium and long term, but the last bearish movement returns close to a major support level. This threshold, if preserved, will enable to enjoy the bullish movement.
The decline observed in the short term offers an interesting entry point for a mid-term investment. Investors will take advantage of the current area to buy Hays. The objectives will be set at GBp 93.3 and by extension GBp 96. The stop loss will be triggered below the GBp 88.65 support.