The Greenbrier companies supplies transportation equipment and services to the railroad and related industries.

For the first quarter, the company has published a strong revenue, double compared to the revenue realized in the prior year’s first quarter. Ebitda was $37.6 million compared to $16.7 million inthe first quarter of 2011. The production continues to increase as shown by the orders for new railcars at 3,600 units against 1,600 orders received in the first quarter. Business is well-oriented for The Greenbrier company and EPS revisions up regularly.

Graphically, the Greenbrier’s stock is in oversold situation and near the USD 16.6 support, allready tested once before. The double bottom gives credit to possible technical rebound. Thus, the share price could find new impetus and move towards next resistance placed at USD 20.3.

In order to take advantage of a technical rebound, market participants can buy the stock at the current price to target USD 20.3. However, a stop-loss should be fixed at USD 16.1.