Safestore Holdings could reach its GBp 302.2 resistance.

The economic and financial situation of the company is still strong. Moreover, estimated sales from Thomson Reuters consensus are encouraging.

From a technical viewpoint, the security is trading in a bullish trend from the short to the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the recent highs at GBp 302. This scenario will be helped by the daily and weeekly MA which support the positive trend.

Therefore, taking into account the strong fundamentals and technical patterns, it seems opportune to open a long trade at the current price in order to benefit from the trend.
The first target price will be the GBp 302 resistance. A breakout of this level will be a new bullish signal for higher targets price. A stop loss will be placed under the GBp 274 short term, threshold that would invalidate this trading strategy.