The share of the airline Virgin America continues its bullish rally for several months despite an annual return of -14%.

The good Surperformance ratings highlights the strong fundamentals of the group. Sales are expected over USD 1.5 billion for 2015. Regarding the valuation of the group, it appears still low, with an EV/Revenue ratio equal to 1.2.

Technically, on all time scales, all indicators are green and moving averages are well oriented. The security is now moving toward the mid-term resistance located at USD 38.36 and seems able to breakout soon. This crossing would provide a strong postive signal.

Therefore, investors could open a long trade now to target a quick return on the USD 38.36 and if breakout, more ambitious goals at the weekly resistance at USD 43.8. A stop loss should be placed at USD 35.45.