The DIY group Kingfisher has a well-constructed floor beneath it, and this should provide a solid base for another move upwards, says Zak Mir at www.zaks-ta.com.
So long as the price remains above the 50- and 200-day moving averages at 280p and 278p, as well as the price channel bottom at 275p, I'd be looking for a move to 300p and beyond over a two-month period.
