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…
“Demand for the 747-400 is expected by the company, implying increased sales and a continuation of the earnings turnaround released for the second-quarter 2008. A 10% increase to its fleet of 747-400 aircraft was acquired by the company to satisfy expected demand in this aircraft…
“The stock closed near its highs for the day, showing strength. RSI has just entered the overbought area, but still may have some upward momentum left as implied by the MACD which continues to register a bullish signal...”
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