Two days after shares of Sohu.com Inc. (NASDAQ:SOHU) booked a new 52-week low at $39.71 this Monday, they started to rebound unexpectedly and closed 4.9 percent higher at $42.4 apiece on June 27. For short-term traders, actually $42 is sensitive because it is the price that nearest resistance line passing through.

The company has dealt with a myriad of challenges lately. Besides pressure that China’s slowing GDP growth put on many China-based stocks, its prospect appears uncertain since advertising is one of its main business segments while quite a few customers are thinking of holding back on ad spending.

Also, both 17173.com and Changyou.com Ltd. (NASDAQ:CYOU), which are two online gaming companies owned by Sohu, underperformed during the past fiscal seasons.

Sohu provides online media, search, gaming, community, and mobile services in China and now has a P/E ratio of 12.29, below the S&P 500 P/E ratio of 17.7.