LUV eyes on $28.xx: Double Golden fibs that might start next leg for NYSE:LUV by EuroMotif

LUV eyes on $28.xx: Double Golden fibs that might start next leg

Airlines have been on the rise for a while.
LUV earnings beat but stock has dipped.
Major support, long above, short below.

$ 28.53 - 28.92 is the key zone of interest.
$ 27.64 solo fib for SL if long or TP if short.

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Trade active

Houston: "We have IGNITION"

(yellow area is from posting time).

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Zoom in (M15)

Picture perfect launch from Support.
Nice confirmations of the Covid fibs.
Now we look for Retest of Golden Covid.

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And we are pretty close the first target:

Genesis fib at $33.15 first TP for >14% gains.

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Trade closed: target reached

Mission Accomplished

Hit our first target EXACTLY (of course).

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Zoom in (m3)

PERFECT Ping's on fibs, Genesis fib top, Covid fib bounce.
$32.28 of interest now, if that holds we might get new highs.
But scalp trade is done, Holders sold some, buy a little back.

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag