LUV Next Move 📉 LUV Bearish Thesis
Despite Southwest Airlines appointing a new CEO, the chart suggests bearish price action rather than immediate optimism. Here’s why:
🔻 Key Bearish Levels:
Break below $30 → Downside target: $28
Break below $28 → Next target: $24-$22 (potential capitulation zone)
🛑 Bearish Trad