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Hephaestus_Trading_Desk
Jan 14, 2022 6:11 PM

$LUV #stock I opened short position . $nasdaq Short

Southwest Airlines CompanyNYSE

Description

I opened short position because I observed that perhaps we will have reversal at this point due to the following reasons :
candle lower low from yesterday and it is already to move out from uptrend channel and shape another one eliot wave.
At previous trading channels the fibonacci is 98% accurate and I believe the stock will decline for a little at fibo supports or support lines either which are almost the same territories and the everyone here have gains at this bad days for the nasdaq.

Comment

The rsi has started to fall from 63 support
stop loss $46,53
Comments
ktaba
This and the rest of the sector going up! Stay long mate!
Hephaestus_Trading_Desk
@ktaba, hello , i closed my position at the closing because from red reversal to green an final half- hour .
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