HSN could exceed the symbolic threshold of USD 53.3.

Regarding the fundamentals, firstly, we note the increase of sales recorded over the previous year.

Technically, prices continue to increase sharply for several month. On all time scales, all indicators are green and moving averages are well oriented. The security is now moving toward the mid-term resistance located at USD 53.3 and seems able to breakout soon. This crossing would provide a strong buy signal.

Therefore, investors could take a long position in HSN on crossing of the USD 53.3 mid-term resistance. A stop loss should be placed at USD 50.7.