The company shows strong fundamentals.

Fundamentally, EPS estimates were revised upward over the last year. The operating income is expected to increases by 10% after a 15% progression in 2014. The rate of net profitability has constantly rise during the last 5 fiscal periods, from 13% to 21%. Moreover, 4 out of 5 analysts that follow the stock set their opinion at outperform or buy. At last, the security has still a potential to reach the consensus average price target.

Technically, the share is evolving in a large trading range since October. It is currently on its short term support. Then the stock is very likely to head toward its USD 123.80 short term resistance. Moreover the bullish channel implies a re-boost of the security as it is near the lower trend line.
In this configuration, investors could take a long position at current prices and target the USD 117.8 and the USD 123.80 resistance area.