Qualitative fundamentals like growth, EPS revisions and sales argue for a recovery in prices.

The company characterizes by great growth and strong profitability. Upward revisions have been made on EPS and earnings in a two-year horizon. Sales for the ongoing fiscal year should advance by around 30%.

From a technical viewpoint, Nautilus' shares remain close to an important support area (USD 17.6). The latter brings an additional argument for a bullish rebound of prices, especially since the equity still having sound fundamentals. The fall registered on recent sessions represents a key entry point with a target at USD 21.

According to upstanding financials and technical elements, long positions could be opened in Nautilus. close to short-term support at USD 17.6. The scope of this configuration will be set at USD 21.05, thus providing a great potential of growth. However, the stop loss could be placed under the purchase level, below the USD 16.7.