Long Position on HA @ $25.31 on 12/30/2014 (Momentum)

Hawaiian Holdings, Inc. (HA), through its subsidiary, Hawaiian Airlines, Inc., is engaged in the scheduled air transportation of passengers and cargo.

The company offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, as well as daily services on its neighbor island routes among the four major islands of the state of Hawaii.

It also provides scheduled service between the state of Hawaii, and New York City, New York.

In addition, the company provides daily services on its international routes between the state of Hawaii and Seoul, South Korea; Sydney, Australia; and Tokyo, Osaka, and Fukuoka, Japan; and Hawaii and Pago Pago, American Samoa; Papeete, Tahiti; Brisbane, Australia; Auckland, New Zealand; Sapporo and Sendai, Japan; and Taipei, Taiwan.

As of December 31, 2013, its fleet consisted of 18 Boeing 717-200 aircraft for its Neighbor Island routes; 12 Boeing 767-300 aircraft; and 14 Airbus A330-200 aircraft for the North America, international, and charter routes.

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

52-Week Trading Range: $9.46 - $25.51

Entry Point: $25.31

Stop Loss: $24.01

Target Price: $27.81

Updates

1/6/2015 12:26:29 PM

HA closed at $25.87

Position closed on 1/6/2015 at price of $23.87 with a -5.69% loss in 7 days.

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