Indicators argue for a technical correction after the last bullish movement recorded in past sessions.

The fundamentals of the company are weak. The valuation of the firm is very high as shown by a PER of 61.49x expected for this year. EPS estimates have been largely revised downward for 2013 from USD 0.95 in March 2012 to USD 0.22 now according to Thomson Reuters consensus.

Graphically, the stock went through a period of rebound in recent sessions towards the USD 13.9 medium-term resistance. The share should consolidate near this area. It could act as a stopping point of the upward movement. This scenario suggests a return to the USD 12 support area which will be a bearish objective.

Due to the technical configuration and a bad fundamentals, investors can open a short position at the current price. The price target is set at USD 12 and a stop loss will be placed above USD 13.9.