Air Lease Corporation is a leading aircraft leasing company principally engaged in purchasing commercial aircraft and leasing them to its valued airline customers worldwide.
2019-06-30
This trade idea came to me from my weekly review of: Investors.com IBD Weekly Vol 36 NO 11 Week of June 24, 2019. It was featured in the IBD50 #41 and I bought the following Monday Today is Day 5 of a 7 Trading Day Time Stop
My cost basis: $40.42
-5% Stop: $38.35
+20% Gain: $48.43
IBD Rankings 06/30/19
Composite Rating: 93
EPS Rating: 93
RS Rating: 84
Group RS Rating: B
SMR Rating: A
Acc/Dis Rating: A
ROE: 11.4%
Debt: 240%
Outstanding Shares: 111.1m
Float: 101.1m
EPS Due Date: 8/07/19
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
2019-07-20
I closed out this position on Friday. I wanted to lighten up my portfolio and I feel that the momentum is slowing. I wanted to lock in a profit
I got filled at 41.13
41-13 - 40.42 = + .71 / 40.42 = +1.8 %
