Airlines have been on the rise for a while.
LUV earnings beat but stock has dipped.
Major support, long above, short below.
$ 28.53 - 28.92 is the key zone of interest.
$ 27.64 solo fib for SL if long or TP if short.
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.
LUV earnings beat but stock has dipped.
Major support, long above, short below.
$ 28.53 - 28.92 is the key zone of interest.
$ 27.64 solo fib for SL if long or TP if short.
======================================
.
Trade active
Houston: "We have IGNITION"(yellow area is from posting time).
.
Zoom in (M15)
Picture perfect launch from Support.
Nice confirmations of the Covid fibs.
Now we look for Retest of Golden Covid.
.
And we are pretty close the first target:
Genesis fib at $33.15 first TP for >14% gains.
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Trade closed: target reached
Mission AccomplishedHit our first target EXACTLY (of course).
.
Zoom in (m3)
PERFECT Ping's on fibs, Genesis fib top, Covid fib bounce.
$32.28 of interest now, if that holds we might get new highs.
But scalp trade is done, Holders sold some, buy a little back.
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.