Senior is an English company listed on the London Stock Exchange which provide engineered products for the aerospace sector.

Firstly, the high valuation of the group shows a great investors confidence in it because there are ready to pay a high price for the stock. Moreover, analysts polled by Thomson Reuters revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.

Technical patterns are in the green on all time scales. The security is up 30% since the 1st January. However prices consolidate for several weeks and are close to the GBp 256.6 resistance. It seems able to breakout this threshold in the next trading sessions.

Therefore, investors will benefit from the crossing of the GBp 256.6 resistance to take a long position. The objective will be set near GBp 275. Once the position is opened, a stop loss should be fixed under the GBp 246.8 short term support.