Good evening ladies and gents, another trade set up here. HA in a Rising Wedge pattern which is inherently bearish inside of a bearish trend as well. You are showing Daily Triple Bearish Divergence on the Oscillators. Common exit targets of a wedge are between the .382 and .618. Although, I usually take my profit at the 50% retrace and the .618. I may save a small...
Running earnings play after-hours 10/22, playing gap fill. Picked spot 29.99, stop 29.31. Also copped some 12/20 36$ calls for .25 each.
Strong daily momentum, RSX dip, JMA indicator changes to buy. I love technical analysis.
1. Reversal pattern 2. Good ER 3. Oversold Good luck
Prices marked and this is one of the nicest setup for nearing doubling the investment by time earning rolls in. Love this. HA Jul 19th -- 30 calls At your own risk.
Looking quite good here - MACD crossover, hit the double bottom. Having a tight S/L makes this an opportunity for a 28% gain till resistance - and 55% till the next resistance if the first one can be broken. Risk / Reward ca. 1:2.5 - 1:5 This is not financial advise - it's just a trading idea.
But HA is reluctant to go lower. The upcoming earning should be bad due to the volcano.
Trend-line break up-move till 45.5 resistance level within 20 trading days. Stop at 36.7. Risk/Reward = 2.9.
Wait and see. 20% of Hawaii tourist comes from the Big Island.
5 bear drive for HA's daily chart? This pattern fits the 4 hour chart too.
bear flag is no long valid as of 5/16, approaching 50% fib retracement, and above ma50 & ma200
HA is facing more competition from LUV and ALK. Volcano eruption isn't helping the stock neither. So fundamentally this stock has headwinds. From the technical perspective, it's currently in a bear flag, but macd seems to be improving. MA 50 may go above MA200 to have a golden cross.
HA is about to break out the short term triangle using hourly chart