Long Position on AWAY @ $46.90 on 3/6/2014 (Momentum)

This stock was first featured in July 2013 at $32.

HomeAway (AWAY) operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers. 

The company’s portfolio includes vacation rental Websites, such as HomeAway.com, VRBO.com, and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in Brazil; Stayz.com.au and HomeAway.com.au in Australia; and Bookabach.co.nz in New Zealand. It also owns travelmob.com, an Asia Pacific short-term rental site, as well as operates BedandBreakfast.com, a site for finding bed and breakfast properties.

In addition, the company offers HomeAway software for professionals at software.HomeAway.com, which provides software solutions to property managers and innkeepers.

As of December 31, 2013, it operated its online marketplace through 50 Websites in 21 languages; and included approximately 890,000 paid listings of vacation rentals. 

Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock. 

52-Week Trading Range: $27.27 - $48.90

Entry Point: $46.90

Stop Loss: $44.58

Target Price: $51.62

Updates

3/12/2014 9:49:02 AM

AWAY fell below our stop loss. Positon closed at $43.55.

Position closed on 3/12/2014 at price of $43.55 with a -7.14% loss in 6 days.

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