The upward trend sounds insufficient. The downtrend could retake the power.

The company still displaying poor fundamentals. Lower sales are expected for 2014, the P/E ratio remains too high and analysts continue to decrease expectations regarding sales and EPS. According to estimates, the company could reflect earnings of only $1.02 per share.

The share subscribed in a bullish wave but now buyers seem to lose interest in Capital Bank. The technical rebound allowed it to reach the USD 25.7 midterm resistance. Possibilities of a double top forming rises as the stock got in oversold territory, area from where sellers could profit to open positions now.

The upside seems limited and financials do not help. Investors are invited to take short positions on Capital Bank seeking for USD 24.4 as first objective. However, they are prayed to set a stop loss above this resistance.