The company Laird has an important growth potential.

Regarding financials, the company seems solid. First, it benefits from a significant growth highlighted by Thomson-Reuters analysts' forecasts. Second, it has large enough profits that enables to generate substantial earnings. Sales and EPS upward revisions shows analysts' strong confidence over the last year.

Recently, the evolution of the stock brought prices close to the midterm support at GBp 357.2, which acts as a protection wall from the downtrend. This area is expected to annihilate bearish possibilities and thus result in a bullish reversal. On this area, the 100-day moving average will help the stock to initiate a reversal movement toward GBp 390, the short-term resistance.

Fundamentals and technical analysis of the group militate for long positions openings in Laird's shares. The GBp 357.2 support lifts prices and could extend the bullish movement of last weeks. The aim of the rebound corresponds to the GBp 389.9 level with a stop-loss order under the GBp 357.2.