TwinTrader.com announces the publication of Breakout for AAWW; highlighting public companies on the move and what’s behind the surge.
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“Atlas Air Worldwide Holdings Inc., through its subsidiaries, provides aircraft and outsourced aircraft operating solutions to the air freight industry. It operates in four segments: Aircraft, Crew, Maintenance and Insurance (ACMI); Scheduled Service; Air Mobility Command (AMC) Charter; and Commercial Charter…
“Atlas Air Worldwide Holdings Inc. announced that its subsidiary, Atlas Air Inc. (Atlas), has been awarded a five-year contract from the U.S. Air Force to provide flight training for the Air Force pilots and flight engineers who fly the E-4B National Airborne Operations Center. On the news, BB&T Capital Markets and Matrix Research initiated coverage of the stock with an initial buy recommendation…
“The stock’s chart shows an extended oversold situation that has now turned up. A floor of $44 was established and looks to be the launching level to break through the previous support of $48 that has now become resistance...”
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