Technical patterns and qualitative fundamentals enable us to point a rebound.

The company shows qualitative fundamentals. Indeed, its net revenue should increase by 24% YoY. Growth perspective are important on the stock concerning the next 3 years. In the same time, margins should progress, confirming the healthy situation of the company.

Following a bullish wave, the stock gradually declines and prices are coming near to an important support level. It correspond to the lower band of the USD 100/104 trading range. At this level, a new buyers interest about the stock would easily allow a rally in the medium and long term toward USD 104. Then, the breakout of this level will argue for a target at USD 108.

Therefore, a long position could be taken above USD 100. The target will then be USD 104 and 108 by extension. A stop loss will be placed under the entry point in case of a failure of the bullish overflow.