AAR CORP (NYSE: AIR) momentum breakout alert!

AAR CORP (AIR)       46.415   -0.15 (-0.31%)


News Image
AAR CORP (NYSE: AIR) momentum breakout alert!6 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.

Back

AIR Links

AIR News

News Image20 days ago - AAR Corp.AAR earns 2023 Military Friendly® Employer designations

Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government...

News Image20 days ago - AAR Corp.AAR earns 2023 Military Friendly® Employer designationsNews Imagea month ago - AAR Corp.AAR launches 2022 Environmental, Social, and Governance (ESG) ReportNews Imagea month ago - AAR Corp.AAR launches 2022 Environmental, Social, and Governance (ESG) Report

Wood Dale, Illinois, Oct. 31, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government...

News Imagea month ago - The Motley Fool5 Stocks That Have Crushed the Market This Year

The good news is that they all have more room to run.

News Imagea month ago - AAR Corp.AAR expands partnership with flydubai, signing multi-year Boeing 737 MAX flight-hour component support contractNews Image2 months ago - AAR Corp.AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product offerings

Wood Dale, Illinois, Oct. 05, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government...

News Image2 months ago - AAR Corp.AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product offeringsNews Image2 months ago - AAR Corp.Airinmar selected by Cebu Pacific to provide warranty management and value engineering support services

Berkshire, England, Sept. 29, 2022 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle...

News Image2 months ago - AAR Corp.Airinmar selected by Cebu Pacific to provide warranty management and value engineering support servicesNews Image2 months ago - AAR CorpAAR reports first quarter fiscal year 2023 results

First quarter sales of $446 million, compared to $455 million in Q1 FY2022First quarter GAAP diluted earnings per share from continuing operations of...

Follow us for more