Indicators argue for a technical correction after the last bullish movement recorded in past sessions.

The fundamentals remain very fragile. With a P/E ratio at 35.6 for 2013 and 21.3 for 2014, the security seems highly overvalued compared to other companies in its sector. Moreover, profits should be divided by 3 in 2013 compared to the previous year.

From a technical viewpoint, the proximity of the medium-term trend line limits the upside potential on the stock. The uptrend in the short term could be stopped by this level and prices could decrease sharply in the coming sessions. Technical indicators also show an overbought situation that reinforces this bearish scenario. Thus, there is a higher downside potential than upside.

The upward potential seems limited as shown by fundamentals and technical configuration. In contact with the trend line at USD 10.7 , a movement of consolidation could return the stock towards the USD 8.8 mid-term support. As a result, the most aggressive investors could take a short position near USD 10.7 but they need to set a stop loss above this resistance because the crossing of this level would invalidate our scenario.