The GBp 1321 support, recently tested, allowed Genus to bounce powerfully.

From a fundamental viewpoint, the company has a value in line with the industry as its enterprise value ratios show. Furthermore, profitability of the group is relatively high and is expected to increase by 2015 at 10.8%.

Genus is oversold as shown by the RSI indicator. This situation gives credit to a continuation of the technical rebound. Thus, the stock could find new energy and would rise towards the GBp 1490 pivot point.

So as to make the most of the technical rebound of Genus, it seems opportune to take a long position at the current price. A confirmation of this pattern would enable the security to reach the GBp 1490. Investors should not insist under the GBp 1296 mid-term support and are better off placing a stop loss order under this threshold.