Friday, January 30, 2015

Hawaiian Holdings Tanks

Today I deleted Hawaiian Holding (HA) from the Barchart Van Meerten New High portfolio for very poor price momentum after disappointing earnings and forecasts.  Normally when a stock tanks this fast I might wait for the dead cat bounce but I haven't seen any sign of that on this one:


Barchart technical indicators:
  • 40% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20 , 50 and 100 day moving averages
  • 30.80% off its recent high
  • Relative Strength Index 31.41%
  • Recently traded at 19.07 which is below its 50 day moving average of 23.41


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