Every bull market is rife with sharp selling periods. Fear hits stocks, people take profits, and sell-offs occur naturally in every market environment.  In fact, sell-offs are often more severe during bull markets than during bear market. The opposite is also true that rallies are often sharper and faster during bear market periods than during bull markets.

Boiled down, what this means is, don’t worry about the recent selling. Finding top stock to buy has just become easier as many stocks are currently selling at discounted prices.

One example of a stock that held strong during the selling is Wealthpire’s premium advisory Consensus Picks recent buy suggestion, Hawaiian Air (NYSE:HA) .  Shares actually advanced over the last two trading sessions despite the overall meltdown.  This proves the tenacity of the stock price.

The advisory reported that the company operates the regional airline Hawaiian Airlines.  HA has been the beneficiary of rising earnings estimates and traffic statistics are climbing higher.

However, there has been some insider selling that has spooked investors into selling shares down to the technical support level of $13.00 per share.

Insider selling tells very little about a company since insiders, just like you and I, sell stock for a variety of reasons.  In reality it is far from a bearish signal.

Shares have bounced off of the technical support level and are looking strong in the face of the market meltdown.

Action to Take:

Hold longs!