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Bullish Moving Average Cross by Hawaiian Holdings (HA)

By David Diaz

Today, shares of Hawaiian Holdings (AMEX:HA) have crossed bullishly above their 10-day moving average of $44.01 on a volume of 484K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Hawaiian Holdings has traded in a range of $19.87 to $50.95 and is now at $44.30, 123% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 1.0%.

SmarTrend recommended that subscribers consider buying shares of Hawaiian Holdings on July 7th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $40.06. Since that recommendation, shares of Hawaiian Holdings have risen 8.5%. We continue to monitor HA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:ha hawaiian holdings

Ticker(s): HA