LUV (Southwest Airlines Co) looks to offer an objective short entry here around the 24.00 area as it backtests the recently broken bearish rising wedge pattern. The first price target, T1, is 20.32 with T2, my preferred & final target at 19.08. The suggested stop for either target would be on a move above the 25 level.
Click here to view the live chart of LUV
LUV daily April 9th