We first mentioned leasing aircraft company AL on Jan 10, 2013 when it had a pocket pivot. AL has since had additional pocket pivots as it trends higher. When we report on a stock, it is always good to keep it on your watch lists for future buy points.
AL had a pocket pivot on March 1 after a strong earnings report though was a bit extended by the end of the day. Yesterday allowed the 10-day moving average to catch up with the price, and today it is pulling back on low volume. It is therefore actionable as it is still within buying range of yesterday's pocket pivot. Note, it could have also been bought yesterday.
Industry group rank 6, earnings and sales continue to be robust, and pretax margin % is at 38.5.
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