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Bullish Moving Average Cross by Hawaiian Holdings (HA)

By Shiri Gupta

Hawaiian Holdings (AMEX:HA) shares have crossed bullishly above their 10-day moving average of $48.80 on a volume of 170K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Hawaiian Holdings have traded between a low of $19.87 and a high of $60.90 and are now at $48.90, which is 146% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.0% while the 50-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Hawaiian Holdings on January 24th, 2017 by issuing a Downtrend alert when the shares were trading at $54.58. Since that call, shares of Hawaiian Holdings have fallen 12.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses amex:ha hawaiian holdings

Ticker(s): HA