Maybe this is what SAVEs (clever, right? ;) our portfolio's!
Just a quick little post, been a while. SAVE is looking quite nice right now actually. Above all the VWAP's (won't let me draw them from the ATH, but I can assume it's above that point) and fib extensions look quite nice.
Here's a quick moving average update. Not the best trendline, I know, but even with the 3 turning points, it definitely helps give you an idea about the stock. It has had quite some nice accumulation phases, and now perceives to trend higher (especially after earnings that came out wednesday).
As far as Airlines go, I hate flying Spirit airlines, but I will choose them every damn time if they're at the top of the google flights screener because they're the cheapest one. Budget Airlines are they way to go now-a-days, have been for a while, and this one has been beat down for so long even with the quality financial health of their balance sheet relative to other budget airlines.
In terms of the overall market, definitely don't recommend going long for a little bit until things clear up; but if you are, might as well choose a stock you think will actually benefit your portfolio, and this one doesn't seem to be a terrible addition!
Here's a quick moving average update. Not the best trendline, I know, but even with the 3 turning points, it definitely helps give you an idea about the stock. It has had quite some nice accumulation phases, and now perceives to trend higher (especially after earnings that came out wednesday).
As far as Airlines go, I hate flying Spirit airlines, but I will choose them every damn time if they're at the top of the google flights screener because they're the cheapest one. Budget Airlines are they way to go now-a-days, have been for a while, and this one has been beat down for so long even with the quality financial health of their balance sheet relative to other budget airlines.
In terms of the overall market, definitely don't recommend going long for a little bit until things clear up; but if you are, might as well choose a stock you think will actually benefit your portfolio, and this one doesn't seem to be a terrible addition!
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