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Indivior PLC : Towards the breakout of a major resistance level

31.58% Indivior PLC is close to a major resistance level, whereby the breach of this level could be considered as a buy signal. This reflects our preferred scenario in light of the stock s current technical chart pattern. Investors have an opportunity to buy the stock and target the GBX 200. Summary The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. The company has solid fundamentals for a short-term investment strategy. Strengths Thanks to a sound financial situation, the firm has significant leeway for investment. Its low valuation, with P/E ratio at 8.22 and 6.43 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.

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