Dignity : Support area as argument
Entry price | Target | Stop-loss | Potential |
---|
GBX 2,222 |
GBX 0 |
GBX 2,145 |
-100% |
---|
Dignity is close to an area that might stop the downward trend.
With a 4 star as Surperformance investment rating, Dignity is one of the best UK stocks.
The area of the GBp 2205 support should enable the stock to have a new bullish trend. The mid-term support in this area confirms its relevance. Technically, above these levels, 4-traders analysts are optimistic and count on a return toward the short-term resistances.
Investors can open a long trade within the GBp 2205/GBp 2256 area. In the first instance, the target price will be the 20-day moving average and the short-term resistance in the GBp 2400/2450 area.
In case of breakdown of the GBp 2205 support at the closing price, investors should close their trades.
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