SamSuka
The Long Investor
The Long Investor

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$LUV

Another legacy company, which has been a market leader in its sector for decades now too, also down to its 0.887 Fib, its last remaining support level. Its COVID low level is at $22 too.

Significantly below its 50 and 200 Day MA as well.

The travel sector has not been performing well over the last few weeks due to weak consumer sentiment

But as a long term hold, there are bargains on sale here.

$LUV holding above $22 is one of them.

$LUV

Comments

Any update to this chart after the recent bounce?

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