AmerisourceBergen continues its bullish rally to test new highs.

From a fundamental viewpoint, the company is under-valued with an "EV/Sales" ratio of 0.15x for 2013. Further, the financial situation is healthy with a leverage (Net debt to EBITDA) of only 0.27x in 2012.

The security is in an upward trend for several months. But prices has been many times stopped by the USD 56.3 resistance. The security is now near a bullish trend line and the 20 and 50-day moving averages which may help it to break out soon the resistance area.

Therefore, investors could take a long position in AmerisourceBergen at the current price in order to reach USD 60 in a first time. A stop loss should be below the 20-day moving average.