LUV - Long over 45, Price target 55, stop loss 44
LUV has been following this channel as it returns to pre-covid levels
It is now at support of the channel with earnings in 2 days, expected to beat
Volume profile demonstrates an area of resistance at 55
RSI is oversold
Momentum demonstrates a bottom
Buyers > Sellers on daily volume
It is now at support of the channel with earnings in 2 days, expected to beat
Volume profile demonstrates an area of resistance at 55
RSI is oversold
Momentum demonstrates a bottom
Buyers > Sellers on daily volume
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