$LUV
Added 2024-12-05 20:44:29 +0000 UTC$LUV has a very similar set up to $AAL now, these two legacy carriers are looking ready to join $DAL and $UAL on the route to Wave 3, weathering all the turbulence of a strong resistance line that has been in place since 2023....not as long as $AAL however.
Wave 3 is at the 1.618 Fib at $44 with the price at $35 now
Again the ideal scenario would be a retest of the breakout level at $30 or the 50 Day MA before going higher, a hold at these levels is therefore a buy signal.
