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May 16, 2019 5:31 PM

LUV/USD Long

Southwest Airlines CompanyNYSE

Description

Pennant breakout to $66.54 end of summer ~Aug.5. Retrace to support at $58.62 area to complete Head of Inverse H&S and up to top shoulder at 1.618 extension of 76.32. Pullback to previous ATH and support level of $66.54 for retest then $~82 by Jan 31. Total move 56%.
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