Spirit Airlines breaking down Short

Spirit Airlines, Inc.NYSE

Description

⋅ Sep 21, 2020 1:43 PM

SAVE is breaking down from what was actually a constructive consolidation.

Targeting high 14s.

⋅ Sep 23, 2020 4:04 PM

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

Comments

L-u-c-y

⋅ Sep 22, 2020 5:58 AM

That was helpful. Thanks

BakiShirzadi

⋅ Sep 21, 2020 2:38 PM

Great work, good luck

Lanmar

⋅ Sep 21, 2020 2:44 PM

@BakiShirzadi, thanks Baki!

PolarHusk

⋅ Sep 22, 2020 12:29 PM

Impressive work!:)

Lanmar

⋅ Sep 22, 2020 2:02 PM

hinikaharpavat

⋅ Sep 22, 2020 4:36 AM

Nice Explanation.....

naccan

⋅ Sep 24, 2020 3:40 PM

great chart-- thanks!

roy_valk

⋅ Sep 22, 2020 1:40 PM

It hitted 200ma and bounced back. Next tp will be 17.

Lanmar

⋅ Sep 22, 2020 2:01 PM

@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.

roy_valk

⋅ Sep 22, 2020 2:18 PM

Correct, i do look at the 4hr chart and i’m long :)