lauralea

Cup and Handle

Long
NASDAQ:SKYW   SKYWEST INC
53 views
3
Airlines are pulling back as of late...Guess some of us think they will continue to fly and others think the sky exists no longer..
Go with your gut on travel stocks..if you think it will be a "Long and dark" winter, they may not be for you..
I feel folks will still travel and when the government and the media decides to let the flu mania and the control go away (If they do) they will recover..

I am thinking airlines would be more of a longer term investment and I am looking forward to better times ahead. I will be glad when 2020 is over!
May pull back to the handle low and some do go long from the handle..I have on occasion if I feel very good about a stock...but only then.
Mid cup is 33.10
Cup low is 22.25

Not a recommendation

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