The Aurubis'stock, after running out of steam, could resume its uptrend.

The company has strong fundamentals. The valuation of the firm is very low with an EV/Sales ratio estimated at 0.19x for 2013. Moreover, analysts from Thomson Reuters have largely revised upward their EPS estimates for this year.

Technically, prices are in a bullish dynamic in the medium and long term as shown by well oriented moving averages. The security has recently been stopped by the EUR 57.25 resistance and came back near to the lower trend line could give a new impetus. This configuration is a good entry point to aim EUR 57.25.

Thus, it seems wise to take a long position at the current price. The main objective will be EUR 57.25. A stop loss must be placed below the EUR 52 support in order to avoid any downtrend.