The stock is back to an important support level.

The group enjoys upward revisions in earnings per share and growth prospects. Further, the company is low valued with an EV/Sales ratio estimated at 1.61x for 2013 compared to 2.29x for the sector.

Graphically, the trend is bearish in the medium and long term with well oriented moving averages. In a shorter term, the trend is bearish and prices are back to the USD 27.1 support, corresponding to the 50-day moving average. This threshold, if preserved, should be used as a stepping stone, in order to reach USD 28.6.

The USD 27.1 area could be a basis for a purchase to target USD 28.6. A stop loss will be fixed below the support to limit risks.