Lanmar

Spirit Airlines breaking down

Short
NYSE:SAVE   SPIRIT AIRLINES INC
306 views
33
SAVE is breaking down from what was actually a constructive consolidation.

Targeting high 14s.
Comment: tagged trendline and 50 day MA. Now reversing.
Above today's high is the stop

Comments

That was helpful. Thanks
+2 Reply
Great work, good luck
+2 Reply
Lanmar BakiShirzadi
@BakiShirzadi, thanks Baki!
Reply
Impressive work!:)
+1 Reply
Lanmar PolarHusk
@PolarHusk, thx!
Reply
Nice Explanation.....
+1 Reply
great chart-- thanks!
Reply
It hitted 200ma and bounced back. Next tp will be 17.
Reply
Lanmar roy_valk
@roy_valk, you're looking at the 4hr chart. Daily chart SAVE is far from the 200ma:

But I do agree that 17 would be a reasonable tp off yesterday's lows if you're long.
+1 Reply
roy_valk roy_valk
Correct, i do look at the 4hr chart and i’m long :)
+1 Reply
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