$LUV
Added 2023-10-05 10:04:01 +0000 UTCNo real update here but I know there are holders here so I wanted to update so people know where the support levels are and what to be looking for.
$LUV is struggling around the 0.887 Fib at $27, we know a lot of stocks have been at this Fib level lately, notably our favourite: $NIO, and it is the last Fib support level. Basically any move higher will have this back up the Fib level again and any strong day performance should have this testing the yellow trend line again at $28.80.
It is important for $LUV to get back above these levels and show strength, I uploaded $AAL earlier and this is following a similar story, so the industry itself is being affected, but I am expecting it to recover....like it always does, when they report their earnings at the end of the month, they will show strong figures from the busiests months of the year in the summer.
