Prudential plc : Trading opportunity
Entry price | Target | Stop-loss | Potential |
---|
GBX 1,617.85 |
GBX 0 |
GBX 1,579 |
-100% |
---|
Take advantage of the uptrend.
Following a bullish wave, the stock now shows a slight decline that has lead it towards the GBp 1612 medium-term support. On this level, remobilization of buyer flows would allow an uptrend in the medium and long term.
The decline observed in the short term offers an interesting entry point for a trading strategy. Investors will take advantage of the current area to buy Prudential.
The objectives will be set at GBp 1697 and by extension GBp 1752. The stop loss will be triggered below the GBp 1612 support.
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