The stock is likely to cross its USD 72.10 resistance, which would constitute a very nice trading opportunity.

The company, that creates, produces and commercializes various apparel, relies on a very nice Surperformance ratings which underlines strong fundamentals. Its business predictability and its strong finances constitute a big plus. Sales and EPS forecasts are encouraging as suggested by the Thomson Reuters consensus and it let see a great potential for the security on the stock market.

Technically, the stock has followed a long term bullish trend. All the moving averages are well-oriented and the movement should continue in the coming trading sessions. As soon as the stock crosses the resistance USD 72.10, investors should open long positions because it would constitute a significant buying signal. A first target will be set at USD 75.6, ie a potential of 5%.

A return under USD 70 would invalidate the recovery scenario and trigger the stop-loss order.