The online travel company has strong fundamentals as shown by its Surperformance ratings. Both, revenue and profitability are growing. Looking at the numbers, Sales are expected to grow of 58% by 2017 while net margin should reach 10% over the same period, doubling the 2013 one. Moreover, for several months, analysts have increased their revenue and EPS estimations for the coming years. Furthermore, the group has a sound financial situation with a positive cash position at the end of every fiscal year. Finally, the stock offers an interesting potential considering the average target price from analyst following the company.

From the technical viewpoint, the share stopped its long term bullish trend in February 2014. Then, stock prices have slowly decline, rebounding from time to time. An other rebound is taking shape and could be confirmed during the coming trading sessions. In addition, weekly moving averages are still well oriented to anticipate a rebound towards the stock’s historical highs.

Therefore, a long position could be taken at the current price. The target will then be USD 74 and then USD 80 if the bullish rebound is confirmed. A stop loss will be placed under the support level currently tested in case of a bearish overflow.