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SkyWest Headed South Along With The Airline Sector

Following today's breakdown below this uptrend line, SKYW SkyWest Airlines) is poised to continue its descent along with the rest of the airline sector. Horizontal lines mark potential targets/resistance levels. SKYW daily June 8th As I've already recently added seven airline stocks as Active Short Trade ideas, SKYW won't be added as an official trade idea in trying to efficiently manage the trade ideas but I figured that it was worth sharing for those looking to initiate or increase short exposure to the airline sector. As mentioned recently, several of those airline shorts have hit one or more profit [...]

2017-03-08T21:20:25+00:00Jun 8, 2015 10:38am|Categories: Equity Market Analysis|Tags: , , |Comments Off on SkyWest Headed South Along With The Airline Sector