The GBp 578 and 630 resistance are in line of sight.

The company shows strong fundamentals. Firstly, the high valuation of the group shows a great investors confidence in it because there are willing to pay a high price for the stock. Moreover, the consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.

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 reach soon the GBp 578.6 and 630 resistances since the GBp 535 level has been broke-out.

Thanks to these good indicators, it seems relevant to open a long trade on UDG Healthcare at current prices. The main target price is the GBp 630 resistance. A stop loss will be set under the GBp 535 level, because a breakdown of this level would damage technical pattern.