Lamprell could regain its upward trend after having run out of steam.

The group enjoys upward revisions in earnings per share and growth prospects. Moreover the company has a positive treasury, sign of a healthy situation.

Lamprell is in an uptrend in the medium and long term, but the last bearish movement returns close to a major support level. This threshold, if preserved, will enable to enjoy the bullish movement.

In this configuration, a decrease seems unavoidable in the GBp 150 area. Investors could take a buy order on this level and get a good entry point to target the GBp 165.7 resistance, with a stop-loss below the medium term support.