The share is reaching a technical resistance and could start a bearish trend in the short term.

From a fundamental viewpoint the company appear overvalued with very high P/E ratio for the current and the next year. Analysts are revising downward their EPS estimates on the stock regularly concerning 2015 and 2016 fiscal years.

Graphically, the stock went through a period of rebound in recent sessions towards the USD 6.79 medium-term resistance. The share should consolidate near this area. It could act as a stopping point of the upward movement. This scenario suggests a return to the USD 5.9 support area which will be the first bearish objective.

The upside seems limited as shown by fundamentals and technical configuration. In contact with the USD 6.8 resistance, a movement of consolidation could lead the stock toward the USD 5.9 mid-term support. As a result, the most aggressive investors could take a short position but they need to set a stop loss above this resistance because the crossing of this level would invalidate our scenario