SAVE daily Oct 16th
The SAVE (Spirit Airlines) short trade hit the first profit target (T1 at 53.38) for a 23.3% gain on Monday and has so far traded around that level every day this week.
This is one of many recent examples of why multiple price targets are used as reactions (i.e.- a bounce or consolidation) are common upon the initial tag of each price target. Consider booking partial or full profits and/or lowering your stops if holding out for T2 (48.27), which is remains the final target on this trade.