BTG shows relatively strong fundamentals and is coming back to attractive prices.

Technically, the security is in a negative configuration in the short and mid term as the bearish trend of 20-day moving average, currently at GBp 736.8, shows. Nevertheless, the stock seems being oversold, near its GBp 708.5 support in daily data, due to its 2% downward movement on the last trading sessions. This level might stop the short term slumping, thanks also to the trend line.

The trading strategy can benefit from the proximity of the strong support currently tested in order to buy BTG with a good timing. The potential gain is around 6%. Investors might placed a stop loss order at GBp 698.7 in order to avoid important losses.