$LUV
Added 2023-12-29 15:11:03 +0000 UTCStruggling at the 200 Day MA here but forming a triangle which is not necessarily a bearish formation, I would like to see this break down and come down to the white fibs at $26.20 or below so I can start a position to hold long term.
But this formation can easily have one more leg higher before pulling back properly.
I continue to watch airline stocks to start a position but have not seen any meaningful pull backs from their recent rallies to justify starting a new position right now.
$LUV and $DAL are my main targets.
