Jupiter Fund Management Plc : GBp 401.2 resistance as next target
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 360.2 | GBX 0 | GBX 339.8 | -100% |
From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the GBp 401.2 mid-term resistance.
Thanks to these good indicators, it seems relevant to take a long position in Jupiter Fund Management at the current price. The target price is the GBp 401.2 resistance. A stop loss will be fixed under the GBp 340.2 short term because a breakdown of this level would damage technical pattern.