The upward trend could come to support WH Smith in the coming sessions.

The group enjoys upward revisions in earnings per share during the last months.

Following a bullish wave, the stock now shows a slight decline that should lead towards its GBp 606.5 medium-term support. On this level, remobilization of buyer flows would allow an uptrend in the medium and long term.

A decline seems possible on the GBp 606.5 area. It could be a basis for a purchase to target GBp 651. A stop loss will be fixed below the entry point to limit the risk.