The LUV (Southwest Airlines) short trade has now hit & exceeded the 3rd target for a 20% gain. I have decided to book full profits and revised this to be the final target as the odds for a substantial oversold rally are elevated at this time. For those still shooting for the former final target [...]
The LUV (Southwest Airlines) short trade currently offers another objective short entry here on the backtest of the recently broken uptrend line. The green lines are the actual resistance levels/targets unadjusted for the optimal buy-to-cover levels. Time permitting, I will study the chart to add those suggested buy-to-cover levels for each of these 4 price [...]
LUV daily April 29th LUV (Southwest Airlines) was one of several airline short trade ideas mentioned yesterday and still offers an objective short entry here on this break below this uptrend line. Green lines are potential (unadjusted) price targets with the exact suggested BTC levels & stops to follow.
Major Airline Index April 28th I have a growing list of short trade candidates on my watchlist which look poised for a decent correction. I plan to refine the list and post some of the more promising trade ideas on the site later today but until then, here are a few that stand [...]