Take advantage of the forming bullish trend.

The group is still undervalued and the “enterprise value to sales” ratio shows an attractive valuation of 0.8x for the current year.

Graphically, buyers influence have been downsized. As the trend in the short term became bearish, profit taking is part of a rebound on USD 77.15 and therefore does not affect the upward trend in the medium and long term.

Consequently, we expect a rebound toward USD 82.8. Most active investors could buy the equity near the USD 77.15 targeting a return to USD 82.8. A stop-loss order will be placed at USD 76.4.