LUV Long, not as bad as current price
Hello,
Buying some LUV here.
It actually did okay in earnings through COVID. The airline is national which will pick up quicker than international airlines.
Analyst consensus currently is at around $40 which is about a 40% increase from the current price.
Price is currently at weekly support/resistance and may drop to the daily support/resistance at around $27.
Buying some LUV here.
It actually did okay in earnings through COVID. The airline is national which will pick up quicker than international airlines.
Analyst consensus currently is at around $40 which is about a 40% increase from the current price.
Price is currently at weekly support/resistance and may drop to the daily support/resistance at around $27.
Trade closed: stop reached
Warren buffet announced divestment from airline stocks. This hit stop loss immediately. I am looking to get back into LUV eventually.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.