Take advantage of the bullish trend on the mid and long term.

The group, an online specialist of wear sales, benefit from upward revisions of future earnings per share and growth prospects. Indeed, according to the consensus made by Thomson Reuters analysts, sales are expected to grow around 50% for the current fiscal year.

Technically, the uptrend in the medium and long term should prevent the equity from a major downtrend. In the short term, a decline has led the share near the USD 24.45 support and a rising trend-line. Therefore, if a technical rebound takes place the first target would be fixed near the USD 27.02 short-term resistance and then on the USD 30 (the recent highs).

Consequently, we expect a rebound on the current levels. Most active investors could buy the equity targeting a return to USD 30 in a mid-term horizon. A stop-loss order will be placed below the USD 24.45 support.