![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZrqNMvLRTnzMNhnw8xFvwdHCTnexa5F8fzg9A75TvSkAxallagGQdWaqiwCK81pW35tgonXJwULCDbHV5dFigF9XrkIFIjMh6LpDR_mN_csN8QmkLHXyngMMorltBMr9N9VfNCHFZNlI/s400/sc.png)
This is a play on the boom in aerospace manufacturing. Regardless on who makes the planes, the manufactures will need products from ATI. (see previous reference)
It has consolidated from a breakout, and I think now is a good initial entry point.
NOTE: To do this with ATI common, I decided to unload the position of PBR I wanted to around 38 to maintain a comfortable risk profile. PBR is currently trading in the mid 37s. To me, it is close enough. I still own a position PBR.
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