Shares of the human resources manager could soon rebound on the EUR 10.4 support area.

From a fundamental viewpoint, margins are expected at increasing levels. Sales should come to EUR 2.38 billion by the end of the current fiscal year, which means a rise of 5% over prior year. Better margins entice better EBITDA numbers, thus EUR 120 million for 2014 and EUR 140 for 2015. In addition, debts may fall from EUR 178 million in 2013 to EUR 101 million by 2015, year for which leverage is anticipated at only 0.72x. During the last twelve months, the earnings estimates for the next years were regularly revised upward by analysts covering the stock.

The bullish pattern develops representing a temporary period of indecision before running again higher. In the short term, this trend is reversed upon contact with the EUR 10.4 area. The stock approaches an oversold territory increasing likeliness for a climb of prices in ensuing trading sessions. Indeed, weekly moving averages keep the push especially the 50-week one.

For those who follow USG People, technical indicators and financial data may be offering a discounted entry for the stock. Shares could be led from its current levels around EUR 10.4 to an upside target of EUR 11.5. Nevertheless, under EUR 10.4 a stop loss order should be considered.