Stillwater Mining Company’s share price was heavily penalized and is now in an oversold situation near to a solid support area.

From a fundamental viewpoint, company benefited from EPS rises from analysts which often represent a good visibility of the business. Indeed, EPS is expected be back in green territory in 2014.

Graphically, Stillwater Mining seems to be oversold and near to an upward trend line which act as support. This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the next USD 15.7 resistance.

The trading strategy can benefit from the proximity of the strong support currently tested in order to buy Stillwater Mining in a good timing. The main target will be USD 15.7 in daily data. Investors might placed a stop-loss order at USD 13.2 in order to avoid important losses.