Staffline Group has still an uptrend and is going toward its highest level.

From a fundamental viewpoint, the company is strong. It has a reasonable valuation with an EV/Sales ratio of 0.73x. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasize the quality of this investment in the mid-term.

From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to breakout the GBp 1623 resistance level and reach soon the trendline around GBp 1800.

For reasons above exposed, investors could benefit from the upward trend on Staffline Group by opening long positions above GBp 1623. A first target could be set at the GBp 1800 (on the trendline) and new bullish goals could be further reached. The return under GBp 1600 would invalidate the recovery scenario and trigger the stop-loss order.