The US Airways’ stock shows a strong performance for several trading sessions.

From a fundamental viewpoint, the company is trading at a low level as shown by the ratio “entreprise value/revenue” of 0.29x. Besides the price earning ratio is moderate (estimated at 4.37x in 2012), furthermore analysts polled by Thomson Reuters are regularly upgraded the earning per share estimates. Consequently, profitability is improving, showing a relatively good financial health of the company.

Since several month, the stock has initiated a sharp bullish trend mainly due to strong fundamentals of the company. The move could be continued, supported by the 20-days moving average and return to its highest price levels.

Exceeding the technical line at USD 11.32 would point to ambitious upward targets. In this case, market participants could buy this stock with an initial target of USD 12.5. If investors reduce long-side exposure for profit-taking ; below USD 10.5 a bearish trend would happen and so this strategy would be invalidated.