Cinemark Holdings could regain its upward trend after having run out of steam.

According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation.

Cinemark Holdings is in bullish trend in the medium and long term. In the present configuration, the share price is coming back on the USD 27.85 support. A technical rebound could occur in the next trading sessions to target USD 29.4.

In this context, the current level tested could be a basis for a purchase to target USD 29.4. A stop loss will be set below the entry point to limit the risk.