The upward trend could spur Avon Rubber in coming sessions.

The strong investment rating (95%) makes Avon Rubber one of the best European stocks. Main positive characteristics are the strong visibility of the business, the profitability and the good financial situation of the company.

Graphically, buyers influence have been downsized. As the trend in the short term became bearish, profit taking have sent the stock back on the GBp 794.
On this area, there is a pertinent mid-term support and a rising trendline which can help for a technical rebound.

The GBp 794 area would represent an interesting level for buyers and hence target at GBp 870. A stop loss will be fixed below the entry point to limit risks (GBp 779).