Alon USA Energy has still an uptrend and is going toward its highest level.

The economic and financial situation of the company is still strong. Estimated EPS from Thomson Reuters consensus are encouraging. Besides, valuation is attractive with a PER 2013 estimated at 11.7x.

From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the USD 20.2 mid-term resistance.

For a trading strategy, investors could take a long position at the current price to target a USD 20.2. A stop loss will be set at USD 17.5.