$LUV - RC -
Added 2023-11-09 20:16:19 +0000 UTC$LUV like all airline stocks is feeling the pull back today.
This is what we have been waiting for here too, the pull back needs to make a higher low at the white fib levels shown, 0.618 Fib at $22.84 is the ideal area where $LUV needs to find support.
I do not particularly like the bounce up from the low at $22, I can see three waves from this 1hr chart but it is difficult to see on these timescales but I am cautious here....I haven't bought back into airline stocks yet but I will consider it if a higher low is found comfortably
