Senior comes back upon contact with important technicals levels that might give impetus to a rebound.

The firm enjoys an excellent Surperformance rating that underline the business predictability, the earning quality and the positive revenue estimates revisions. Moreover, the upward potential to reach the consensus average target price is 16%.

Technically, the security is in a consolidation area limited by the significant GBp 301.1 support and the GBp 358.5 resistance. Above the lower limit, investors could aim a rebound. Indeed, the present price area gathers daily and weekly data supports.

Consequently, investors may open a long position at current prices and target a rebound toward the GBp 325 pivot point. A stop loss order will be set just below short and mid-term supports at GBp 298.