So far $LUV has bounced where it has needed too, exactly on the trend line and at the 0.78 Fib, this is where it needs to build on this and generate some momentum.
It is already in the oversold territory and below the 50 and 200 Day MA, flipping these moving averages to support will be a big statement and we can expect a reversal here next.
Right now the 200 Day MA is at $33.90
Trader_MattPro
2023-09-05 18:19:54 +0000 UTCRichard
2023-08-29 19:06:35 +0000 UTC