The upward trend seems to be run out of steam. The downward trend could recover.

The company still displaying poor fundamentals. Even if sales are expected to increase on the current fiscal year, its EBITDA is anticipated at lower levels than those registered in prior year. On the other hand, the security seems highly overvalued compared to its peers.

Technically, the security could run out of steam close to the USD 15.9 resistance. Indeed, the stock is moving in an upward trend in the short term but it could know a halt. In this context, the downward movement could improve and it should expect a return to USD 14.8. Indicators that show an overbought situation confirm this scenario.

The upside potential seems limited as shown by fundamentals and technical configuration. In contact with the USD 15.9 resistance, a movement of consolidation could return the stock towards the USD 14.8 mid-term support. As a result, the most aggressive investors could take a short position at the current price but they need to set a stop loss above this resistance because the crossing of this level would invalidate our scenario.