AAR CORP (NYSE: AIR) momentum breakout alert!

AAR CORP (AIR)       54.65   +0.81 (+1.5%)

After market: 54.65 0 (0%)


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AAR CORP (NYSE: AIR) momentum breakout alert!10 months ago - Chartmill

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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AIR News

News Image3 days ago - Market News VideoWednesday Sector Leaders: Music & Electronics Stores, Aerospace & Defense StocksNews Image4 days ago - Seeking Alpha(NYSE:AIR)

AAR press release (AIR): Q3 Non-GAAP EPS of $0.75 beats by $0.05.Revenue of $521M (+15.2% Y/Y) beats by $33.59M.Third quarter cash flow provided by operating activities from...

News Image4 days ago - AAR CorpAAR reports third quarter fiscal year 2023 resultsNews Image4 days ago - AAR CorpAAR reports third quarter fiscal year 2023 results

Third quarter sales of $521 million, up 15% over the prior yearThird quarter GAAP diluted earnings per share from continuing operations of $0.62, compared...

News Image5 days ago - Seeking AlphaAAR CORP. to acquire Trax USA (NYSE:AIR)

AAR CORP. (AIR) has acquired Miami-based aircraft MRO and fleet management software provider, Trax USA.Terms of the deal were not disclosed.Founded in 1999, Trax offers critical...

News Image5 days ago - AAR Corp.AAR acquires Trax, a leading provider of aircraft MRO and fleet management software

•Accelerates AAR’s strategy to offer digital solutions to aftermarket customers •Adds higher-margin services offering with intellectual property and recurring revenue•Expected to be accretive to Adjusted EPS in first full year

News Image5 days ago - AAR Corp.AAR acquires Trax, a leading provider of aircraft MRO and fleet management software

•Accelerates AAR’s strategy to offer digital solutions to aftermarket customers •Adds higher-margin services offering with intellectual property and...

News Image8 days ago - AAR Corp.AAR elects John W. Dietrich to its Board of DirectorsNews Image8 days ago - AAR Corp.AAR elects John W. Dietrich to its Board of Directors

Wood Dale, Illinois, March 17, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government...

News Image18 days ago - AAR CorpAAR to announce third quarter fiscal year 2023 results on March 21, 2023News Image18 days ago - AAR CorpAAR to announce third quarter fiscal year 2023 results on March 21, 2023

Wood Dale, Illinois, March 07, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government...

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Buy high and sell higher. These stocks have all significantly outperformed the market over the last year.

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