AMN Healthcare Services has still an uptrend and is going toward its highest level.

The company’s fundamentals are still strong. Sales are estimate to be up +35% this year. Moreover, analysts from Thomson Reuters consensus have revised largely upward their EPS estimates.

Technically, the security is in an uptrend on all time scales and supported by daily and weekly moving averages. The bullish trend will not be stopped until prices are above the USD 31.85 short term support. This trend should allow the stock to reach its USD 35.25 long term resistance and the USD 37.15 by extension.

In consequence, investors can open a long position in AMN Healthcare Services with a first target price at USD 35.25. This level is the long term resistance. A new bullish fluctuation could lead the security toward USD 37.15 in case of breakout of this resistance. A stop loss will be set under the short term support at USD 30.9.