LUV will rebound from the most recent dip from hurricane hits. It was not affect as much compared to other airlines, showing a sign of strength.
Technically, LUV is trading inside an ascending channel and I expect it to consolidate between the red and blue lines (which I will be trading up and down) until it hits the green trendline.
Technically, LUV is trading inside an ascending channel and I expect it to consolidate between the red and blue lines (which I will be trading up and down) until it hits the green trendline.
Trade active
Currently in at $54.2174 average.Note
Bought some more. Have 1,000 shares at $54.26 avgNote
Set a tight stop here. Look to be at resistance.
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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.