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AAR CORP (NYSE: AIR) momentum breakout alert!

By Kristoff De Turck

Last update: Jun 8, 2022

TRADING IDEA (Momentum Breakout)

AAR CORP engages in the provision of products and services to commercial aviation and government and defense industries. The company is headquartered in Wood Dale, Illinois and currently employs 4,700 full-time employees. The firm operates through two segments: Aviation Services and Expeditionary Services. Read the full profile here.

STRATEGY

Momentum Breakout Setup (Short term)

  1. clean breakout during last trading session (+5%)
  2. heavily increased buying volume
  3. closing price higher than $52 (latest resistance)

Last earnings: 2022-03-22

Next earnings: 2022-07-18



ACTUAL SETUP

  • Buy Stop | $52.88
  • Limit | $52.99
  • Stoploss | $49.11
  • Target | Hold between 2 - 5 days

ADDITIONAL INFO/TIPS

Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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AAR CORP

NYSE:AIR (2/22/2024, 6:00:00 PM)

After market: 66.11 0 (0%)

66.11

-0.4 (-0.6%)

AIR News

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/PRNewswire/ -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has...

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News Image8 days ago - Seeking AlphaAAR prices $550M senior notes (NYSE:AIR)

AAR announced the pricing of its $550M senior notes offering to finance the Triumph Product Support acquisition, with a fixed annual rate of 6.750% and...

News Image8 days ago - AAR CORP.AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition

/PRNewswire/ -- AAR CORP. ("AAR" or the "Company") (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs,...

News Image8 days ago - AAR CORP.AAR announces update to financing of Triumph Product Support acquisition

/PRNewswire/ -- AAR CORP. ("AAR" or the "Company") (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs,...

News Image24 days ago - Market News VideoAIR Makes Bullish Cross Above Critical Moving Average
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News Image2 months ago - AAR CORP.AAR issues statement on January 5, 2024, Alaska Airlines Boeing 737 MAX 9 incident

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, learned of the recent...

News Image2 months ago - Market News VideoAAR Breaks Below 200-Day Moving Average - Notable for AIR
News Image2 months ago - AAR CORP.AAR signs new multi-year military distribution agreement with Ontic

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced a new...

News Image2 months ago - Seeking AlphaAAR signs multi-year contract extension and expansion with ASL Aviation (NYSE:AIR)

Aviation services provider AAR (AIR) Wednesday said it signed a multi-year contract extension and expansion for flight-hour component support services with Dubl

News Image2 months ago - AAR CORP.AAR signs extension and expansion of flight-hour component support agreement with ASL Aviation Holdings DAC

/PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year...

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