Big Yellow Group is likely to start a correction phase.

The current price of the stock is higher than analysts average target price, which is set at GBp 619.

Technically, the stock evolves in a bullish trend. However, the GBp 658 threshold seems to constitute a resistance against the upward movement, and is likely to lead to a consolidation phase towards the GBp 614 support.

Therefore, it seems opportune to take a short position at the current price in order to benefit from this likely correction. The target price will be set at GBp 614 and a stop loss will be placed over GBP 658, in case of a bullish movement reversal.