The upward trend could spur Vislink in coming sessions.

All the fundamental criteria are in the green zone, especially concerning growth potential and the valuation (Low EV/Sales ratio at 0.79x for the current year).

Graphically, buyers's influence has been downsized. As the trend in the short term became bearish, the GBp 40 area has created a positive reaction due to the uptrend line and an important support area. The current breakout of the 20-day moving average should help for a continuation of this upward movement in order to reach the GBp 50.25, resistance area of the trading range GBP 44/50.25.

The decline observed in the short term offers an interesting entry point for a mid-term trading strategy. Thus, investors could take advantage of the current prices level to buy Vislink. The main target will be set at GBp 50.25. The stop-loss will be triggered below the GBp 44 support.