Hargreaves Lansdown plc : Trading opportunity
By Josselin Giraud
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 752 | GBX 0 | GBX 709 | -100% |
The fundamentals support the stock with a gradual upward revision of earnings per share by analysts.
Hargreaves Lansdown is in 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.
The decline observed in the short term offers an interesting entry point for a mid-term investment. Investors will take advantage of the current area to buy Hargreaves Lansdown. The objectives will be set at GBp 780 and by extension GBp 850. The stop loss will be triggered below the GBp 727.5 support.