kungfuguo
Long

Time to go long on $LUV

NYSE:LUV   SOUTHWEST AIRLINES COMPANY
LUV
56 0 0
luv
$LUV bottomed out in early July, now has been on a steady bullish run. Expectedly It met with some resistance at $37.5 level (and closed below it today). Overall, it has formed a domed bottom, and likely will form a "cup-and-handle" pattern. I expect this stock to recover to the mid $40 range in a few months.
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