AirMarketGroup

Taking Advantage of Cargo movement

Long
NASDAQ:AAWW   Atlas Air Worldwide Holdings
Cargo Airlines are taking over the skies. As commercial routes are no longer able to meet the demands of the logistics and transportations supply chain, cargo airlines are filling the gap.

In the end of last year Atlas air looked at ground 3 of its aircraft due to lack of demand with trade war tension and covid-19. As demand for cargo freighter remain high the reintroduce one of their B747 to take advantage of the opportunity.

As the price of the stock has rallied quickly looking for a retest towards previous supply zone would be a key target to secure an ideal entry price