AerCap Holdings shares seems to be oversold close to the USD 36.7 support.

The aircraft leasing company shows solid fundamentals. Valuation levels remain low and the business profitability is expected to hike in the upcoming fiscal year: net income is forecasted at 834 million in 2014 comparing to 295 million in 2013. Analysts consensus targets a 34% potential gain.

Technically, the stock fell sharply recently but seems to start a technical rebound upon contact with the USD 36.68 support. A double bottom figure is under construction, and should allow the stock to rally again.

Most offensive should open a long position on the security to benefit from the bullish potential. The target price will be the USD 41.48 pivot point then the USD 45.2 resistance and a stop loss should be placed under the USD 36.68 support.