Playtech plc : Trading opportunity
By Etienne Veber
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 853.5 | GBX 0 | GBX 834 | -100% |
Playtech 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. It could be interesting in the coming sessions.
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 Playtech. The objective will be set at GBp 924.
The stop loss will be triggered below the GBp 851.5 support.