Hawaiian Holdings, Inc. : An opportune reversal
Entry price | Target | Stop-loss | Potential |
---|
US$21.92 |
US$0 |
US$20.7 |
-100% |
---|
The upward trend could spur Hawaiian Holdings in coming sessions.
The group enjoys upward revisions of earnings per share and growth prospects. Indeed, according to the consensus made by Thomson Reuters analysts, sales are expected to grow for the current fiscal year.
Following a bullish wave, the stock now shows a slight decline that has lead it toward its USD 21.6 midterm support. On this level, a re-boost of buyers would enable an upturn in the medium and long term.
Consequently, we expect a rebound after the test of the USD 21.6. Most active investors could buy the equity near this price targeting a return to USD 25.95. A stop-loss order will be placed below the USD 21.61 support.
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