From a chartist’s point of view, the stock price has entered into a consolidation move within a downward-sloping channel. The daily Relative Strength Index (RSI, 14) has landed on its support at 40% and is reversing up. A breakout confirmation of the channel upper boundary would open a path to see 5039p. Prices need to stand above 4392p to maintain the bullish bias. A break below 4932 would call for a reversal down trend with 4212p and 3920p as bearish targets.
Source: GAIN Capital, TradingView