Oshkosh Corporation has still an uptrend and is going toward its highest level.

The company shows strong fundamentals. Firstly, the security is undervalued compared to its peers with an EV/Sales ratio estimated at 0.6 by the Thomson Reuters consensus for this year. Moreover, the consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.

Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In daily data, 20-day moving average helps the stock to keep its uptrend.

According to both technical and fundamental elements, it seems opportune to take a long position above the USD 50.5 resistance. The bullish trend should allow the security to reach the USD 55.9 pivot point. A stop loss will be placed under the entry point to avoid a downtrend.