Westinghouse Air Brake Technologies is a provider of value-added, technology-based equipment and services for the global rail industry. It provides its products and services through two business segments: the Freight Group and the Transit Group, both of which have different market characteristics and business drivers.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasizes the quality of this investment in the mid-term.

Technically, the security can benefit from the proximity of the USD 77 support and 20-day moving average. A technical rebound might happen and lead the stock toward its USD 81 resistance. Moving averages can help this increase, especially in weekly data.

Therefore, taking into account the strong fundamentals and technical patterns, it seems opportune to take a long position at the current price in order to benefit from a possible reversal. The first target price is the USD 81 resistance. A breakout of this level will be a new bullish signal for higher target price. A stop loss will be fixed under USD 75.5 (20-week moving average), threshold that would invalidate this trading strategy.