LUV eyes on $28.xx: Double Golden fibs that might start next leg

Oct 28, 2024

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.

======================================

.

Nov 12, 2024

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.

===================================================================

.

Nov 15, 2024

Trade closed: target reached

Mission Accomplished

Hit 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.

==================================================================

.