AerCap Holdings: The Trend Continues Higher (AER)
SmarTrend identified an Uptrend for AerCap Holdings (NYSE: AER) on February 25, 2010 at $8.67. In approximately 2 weeks, AerCap Holdings has returned 29% as of today's recent price of $11.18.
AerCap Holdings is currently above its 50-day moving average of $9.16 and above its 200-day moving average of $8.38. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of AerCap Holdings shares.
Write to Chip Brian at cbrian@tradethetrend.com
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