The stock is back on an important support which gives argument for a reversal movement.

Graphically, buyer flows are reduced. The trend is now bearish in the short term and the important support of GBp 1000 will give arguments for a technical rebound in order to reach the GBp 1040 first and then GBp 1080.

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 Paypoint. The objectives will be set at GBp 1040 and by extension GBp 1080. The stop loss will be triggered below the GBp 1000 support.