$LUV
Added 2023-09-22 10:15:07 +0000 UTC$LUV is in the exact same situation as $NIO right now, it is stuck in the middle of the 0.78 and 0.88 Fib and holding there so far, this shows that the market has pushed a diverse number of industries further past their normal support level of the 0.618 Fib, I spoke about this yesterday too.....in perfect conditions, pull backs normally go to the 0.618 Fib for Wave 2.
So $LUV needs to show signs of finding support soon and then reversing, I want to see this out of the yellow channel, so above $30.
I flew with $LUV this week and I am always impressed with their service (and their free check in bags) it is a service that is miles ahead of the rest and the most competitive on price....I would like to see them hedge their fuel costs better.
Comments
Any prediction or at least vision? Last charts about Luv where directing us on a direction or what to expect…now looks like a general status that says more or less nothing . Thanks
Andrei Buliga
2023-09-22 11:54:59 +0000 UTC
