Aberdeen Asset Management is still well oriented and is going to new highs.

From a fundamental viewpoint, despite a high valuation, analysts polled by Thomson Reuters have regularly revised upward the earning per share estimates. Consequently, profitability is improving, showing a relatively good financial health of the company. Consequently, profitability is improving, showing a relatively good financial health of the company.

Technically, the stock is moving in an upward trend for many weeks. This movement reflects a buyer enthusiasm confirmed also by the well orientation of the moving averages. The security is going toward GBp 332.8 and would give a strong buying signal if the crossing is confirmed in daily closing.

Given these elements, most active investors could take a buy position and aim to cross the GBp 332.8 resistance for a new bullish signal. A stop loss is placed below the GBp 318, threshold that would invalidate the bullish strategy.