LUV has been in the downtrend and it's approaching the key level. Expecting reversal soon Entry , target and stop loss are shown on the chart!
1W Chart, Southwest Airlines Company (LUV) : MACD : Has been under the histogram since September, 2021, with two attempts to break through the surface, one third move up, should break the ice... RSI : Has been moving into a band between 31.00 and 55.00 PRICE : Has been steadily moving up after bouncing twice around $30, testing the 100MA signal resistance...
Buy Southwest Airlines at market (probably 44$-44.5$ range) than w8 some days to sell at 47.5$-48$
Long on South West finally waking key directional changes. Time to rally
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Hey gang! Let's take a look at Southwest Airlines to see if it can pull out of this tailspin. The LUV chart looks like hot trash on a southwest sidewalk right now, but we are slamming up against some major support, which might give this dead cat wings. --- 1. Fractal Trend is...
Bears are running out of steam. LUV is going to survive COVID.... eventually. Keep an eye on breakout of falling wedge before jumping in. -NFA
LUV is approaching our first support where we might see a corresponding bounce to our first resistance. RSI is also approaching support where we might see a corresponding bounce in price.