The GBp 451.8 resistance is in line of sight.

The company shows strong fundamentals. Firstly, the relatively low valuation of the stock should imply that the bullish momentum is not ended. Moreover, the consensus revised upward EPS estimates for this year and that add more 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 451.8 long term resistance, helped by the contact with the 20-day moving average.

According to both technical and fundamental elements, it seems opportune to take a long position at the current price. The bullish trend should allow the security to reach the GBp 451.8 resistance. If the stock crosses it, a new target price will be set. A stop loss will be placed under the 20-day moving average to avoid a downturn.