Hargreaves Lansdown plc : Still a great upward potential
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 742.5 | GBX 800 | GBX 753.1 | +7.74% |
Technical patterns are in the green: prices are up for several months. The reversal should continue in the coming trading sessions. The 20-day moving average should help to reach the GBp 800 level.
According to both technical and fundamental elements, it seems opportune to take a long position above the GBp 754.5 resistance. The bullish trend should allow the security to reach the GBp 800 level. A stop loss will be placed under the GBp 754 to avoid a reversal.