LUV bottomed out in early July, now has been on a steady bullish run. Expectedly It met with some resistance at $37.5 level (and closed below it today). Overall, it has formed a domed bottom, and likely will form a "cup-and-handle" pattern. I expect this stock to recover to the mid $40 range in a few months.
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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.