Game Digital might rebound on the significant threshold currently tested.

From a fundamental viewpoint, Game Digital has undeniable qualities. Growth is likely to be because the Thomson Reuters consensus counts on sales increase for the current year. Moreover, the valuation is attractive with an EV/Sales ratio of 0.34.

The GBp 192.5 support area should enable the stock to have a new bullish trend. The long term support in this area confirms its relevance. Technically, above these levels, 4-traders analysts are optimistic and count on a return toward the short and mid-term resistances. The first target will be the GBp 219.

As a result, active investors can open immediately a long trade in Game Digital thanks to the close proximity of the GBp 192.5 support area. The target price is the GBp 219 and in case of breakout of this level, the second target price would be the trendline in the GBp 230 area. If there is a breakdown of the GBp 192.5 support, investors should close their trade.