$LUV - Southwest going South?
LUV Daily:- Climbed above the 200 DMA, with 20 and 50 DMAs aligning for further upward momentum.
- Bullish if we solidify support at the 30.16 level.
- Earnings on Jan 25 (Thurs) will be crucial to see if this uptrend is genuine or just a false breakout.
- If not sustained, we might soon retest the 27.31 low.
Note: Airlines remain a mixed bag with cost control being a key factor.
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