Victrex might rebound on the significant threshold currently tested.

Surperformance ratings are highlighting the healthy financial situation, the profitability and the good business predictability of the British plastic manufacturer.
Moreover, the average target price made by analysts correspond to a 16% performance compared to current prices.

The area of the GBp 1550 support should enable the stock to have a new bullish trend. Already tested, this level is a pertinent entry point (daily and weekly) because of the positive stock reaction on it. The current breakout of the 20-day moving average is confirming this upward reversal.
Technically, above these levels, 4-traders analysts are optimistic and count on a return toward the short and mid-term resistances.

As a result, active investors can take immediately a long position in Victrex with a target price at GBp 1696 and in case of breakout of this level, the second target price would be GBp 1780. If there is a breakdown of the GBp 1553 support, investors should close their positions.