$save A risky but maybe worthwhile trade in Spirit Airways.
138
It is for sure not everyone's favorite Airline or stock but we are taking a long entry into the stock into earnings . We think the stock has completed a correction and is in wave 3 of a impulse wave up. Analysts have set quite high price targets for the stock with $72 as the average giving considerable upside from the current price. Indicators are all looking positive and the airlines stocks have had some nice earnings surprises this quarter.
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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.