chasel1

LUV at Weekly Support

NYSE:LUV   Southwest Airlines Company
After breaking though the daily trendline, recent support at ~38, and closing below the 50/200 SMA on the weekly and daily respectively. I will be watching the nearest daily support level for signs of strength or weakness. Any closes below this level could see a much greater pullback as this is a more significant support on the weekly chart. Any ideas/opinions/criticisms are welcome.

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