HE is obviously an underdog given what happened in Maui and the aftermath of the disaster.
It has that baggage and the ankle weights of litigation public perceptions, electical power
infrastructure and all the rest. Seemingly it is weathering the storm.
The 15 minute chart shows a ranging price action really going no where until last Friday when
volatility...
fter the Maui County lawsuit against Hawaiian Electric Industries, Inc. (NYSE: HE), its shares plummeted by more than 65% and reached a 52-week low. That said, the company recently released a statement calling the lawsuit “factually and legally irresponsible” as it showed that it was not responsible for the fires – leading the stock to gain 45%. With the stock...
As seen on the 2H chart HE has been trending down since July 28th and the recent
earnings miss and devastating fires caused by faults in its electric distribution system.
There will be lawsuits which will drag on for years. No matter this is a regulatory
protected monopoly. It will be rescued by the consumers through the regulators.
Price is reversing to...
I doubled down on my short position on Hawaiian Electric ( NYSE:HE ), increasing it from 100 shares to 200, while also acquiring 9 puts with a strike price of $22.5 expiring in September. Additionally, I purchased 5 puts at a strike price of $12.5 expiring in December. The market rebound on Friday appeared to be a mere dead cat bounce, as indicated by technical...
Hawaiian Electric has experienced a staggering 64% decline since its earnings report, coinciding with the onset of wildfires. It's truly a classic case of a falling knife in the market.
HE has been slaughtered on the pending investigation that they may be at fault for the Hawaii fires.
Unfortunately this is terrible for the state and families involved.
Were here to make money: is there may be a large dead cat bounce or even a generational buying opportunity?
Novice bulls, with no prior posting history, appear discontent as my puts/shorts are up 200%. Hawaiian Electric's bonds have been junked, and power wasn't cut during fires. Tread carefully in buying this dip.
NYSE:HE is down -61% from its all time highs. This makes it one of the biggest corrections in this stock's history. The monthly RSI has also fallen below 30 for the first time since the 2008 financial crisis.
Hey people, HAWAIIAN ELECTRIC INDUSTRIES is in a fake bearish movement with a continuation of the negotiated purchase volume and a shooting star. In the TIMEFRAME M1 we remade a marubozu with a return of executed purchase volume, it came to test the bottom of the consolidation zone. For the reintegrated to come check the base of the bollinger as well as the...
1. Breaking above golden Pocket resistance including stabilizing.
2. 2 Main supports below (reversal possibility).
Inverse Head And Shoulders opportunity, let's keep it as an option.
Not recommended to buy or sell HE stocks.
