Southwest Airlines Company
Long
Updated

$LUV - 50 SMA Breakout on Growing Volume

85
💡 Swing setup idea
The 50SMA strategy

🔎 Analysis summary:
The stock recently broke above key resistance and successfully pushed above the 50 SMA.
Growing buyers volume is stepping in, showing strong momentum behind the move.

🔔 Sector note: There is a recent upward move across the airlines sector as gas prices go down, giving this setup a nice tailwind.

👀 Levels to watch:
Entry trigger: Break above $43.90
Target: $52.07
Stop: Under the breakout level

💬 What do you think of this setup? Let me know in the comments! 👇

Good luck!

⚠️ Note: This is for educational purposes only and is not financial advice.
Trade active
Damn that's also a good one. Let's hit the ATH

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