Halma plc : A reversal is anticipated
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 473.5 | GBX 0 | GBX 456 | -100% |
Halma is trading in a bullish trend in the medium and long term. In weekly data, moving averages are well-oriented. In the present configuration, the process is very gradual ; however, prices have just begun a consolidation phase.
Consequently, we expect a decline toward GBp 463.2. The most active investors can buy the share in this area and target a return toward GBp 497.8. A stop loss can be placed under the GBp 463.2 support.