Big Yellow shares price could rebound.

Financials on the company are strong. Increasingly sales have been recorded on the last fiscal year and higher levels are expected for the current year. Net income are anticipated 84% better than prior year, this for a rise in earnings of almost 86%. Analysts polled by Thomson-Reuters have been revising upward Big Yellow EPS during the last 12 months (+48% for 2014 and +34% for 2015).

The stock shows a progressive uptrend since mid 2011. It recently plunged during several sessions until coming toward the GBp 501 support area. Now, the share is intended to upturn for regaining some pennies, as revealed on first exchanges. Indeed, in weekly data, moving averages orientation should help prices to reach the target at the GBp 571.5 resistance.

Thus, long position could be taken by investors at current prices, having as target the GBp 571.5 resistance. The stop-loss order could be placed at GBp 490.8.