We anticipate a reversal on the support currently tested (GBp 193.8).

The upward trend could come to support SIG in the coming sessions even if the stock has lost more than 10% in the last trading sessions.
Following a bullish wave, the stock now shows a slight decline that has lead it towards its GBp 193.8 medium-term support. On this level, remobilization of buyer flows would allow an uptrend in the medium and long term.

A technical rebound is anticpated on the GBp 193.8 area. It could be a basis for a purchase to target GBp 203.1 and then the GBp 216.3. A stop loss will be fixed below the entry point to limit the risk.