SOURCE: Wall Street Active

February 21, 2013 08:00 ET

LUV, JBLU and HA -- Pre-Market Briefing

Note to Editors: The Following Is an Investment Opinion Being Issued by the WSA Financial Ltd.

LONDON--(Marketwire - Feb 21, 2013) - On Wednesday, all three benchmark indexes opened lower. The losses were extended in late trading as investors digested minutes of Fed's most recent FOMC. The Dow Jones closed 0.77% lower at 13,927.54, the S&P 500 closed 1.24% lower at 1,511.95, and the NASDAQ closed 1.53% lower at 3,164.41. At the end of Wednesday's trading session, our research team took notice of the following stocks in Regional Airlines stocks, Southwest Airlines Co. (NYSE: LUV), JetBlue Airways Corporation (NASDAQ: JBLU) and Hawaiian Holdings Inc. (NASDAQ: HA). Wall Street Active research team has completed free research on LUV, JBLU and HA. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at

Southwest Airlines Shares Fall Sharply
Shares of Southwest Airlines fell sharply in trading on Wednesday, tracking losses in the broad market. The stock ended the day 2.31% lower at $11.43 on volume of 4.59 million. Despite the sharp decline yesterday, the company's shares have had an excellent run this year, gaining more than 11%. This compares to a gain of 6% for the S&P 500. Southwest Airlines shares have seen a pullback after the stock recently hit a 52-week high. The stock currently has strong support at around $11.25. Sign up today and get useful insight about LUV for free at

JetBlue Airways Shares Slip
Shares of JetBlue Airways also slipped in Wednesday's trading session. The stock closed 1.63% lower at $6.02 on volume of 3.59 million. JetBlue Airways shares have gained more than 5% so far this year, underperforming the broad market. Despite the pullback on yesterday, technical indicators for JetBlue Airways are still giving bullish signals. The stock's MACD has recently moved above the zero-line, which is a bullish signal. The stock is also trading above its 50-day and 200-day moving averages, which further confirms the bullish trend. JetBlue Airways shares currently have support at around $5.90. Free report on JBLU can be accessed by registering at

Hawaiian Holdings Shares Also Slide
Shares of Hawaiian Holdings, which owns Hawaiian Airlines Inc., also fell in Wednesday's trading session. The stock closed 1.69% lower at $5.83 on above average volume of 1.56 million. Technical indicators for Hawaiian Holdings shares suggest that the recent bearish trend may have come to an end. The stock's MACD recently moved above the signal line, which is a bullish signal. The stock is currently facing resistance at around $6. It has strong support at around $5.80. Register with Wall Street Active and download the research on HA for free at

Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

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