ATS Automation Tooling Systems should rally again after its slight decline.

Surperformance ratings underlines the strenght of the company's fundamentals. Thomson Reuters estimates show its great growth potential. Analysts covering the stock are regularly revising upward their EPS estimates, and target on average a 17% gain potential.

Graphically, the stock slightly declined lately and came back on its USD 13.9 support, threshold that seems to stimulate a technical rebound. Prices have recently broken the USD 14.3 short term resistance, and went above the 20 day moving average. The stock is now heading towards the USD 15.5 resistance.

Therefore, long positions can be opened on the security to target USD 15.5. A stop loss should be placed under USD 13.9 to protect the trade.