Short
BUY to SPIRIT AIRLINES
Hey traders, SPIRIT AIRLINES is in a fake bearish movement with a return of buying volume made and a kind of inverted hammer candle. On the TIMEFRAME M1 we observed a hammer candle with a high volume of sales executed, it bounced off the base of the bollinger to test it. Then come on the top of it and then finally head to the top of the consolidation area for testing. Strong possibility of breaking the price then subsequently the zone to move into the new zone and reach the top which follows. With adjustment on TIMEFRAME H1 Before the second highest after test and breakout of the consolidation zone for the top of the bullish channel.
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Please LIKE & FOLLOW, thank you!
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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.