Southwest Airlines | Descending Within a Falling ChannelSouthwest shares are currently sliding inside a defined down channel as we head into the next earnings print. Price is testing lower levels and the next structural support sits around the $41 area, which has held previously. The RSI remains soft, suggesting limited upside momentum for now.
Macro/context: Southwest is in a transition phase on its revenue mix. After decades of its “bags fly free” model, the airline has shifted to assigned seating with premium and extra-legroom options, alongside
Southwestairlines
Highlighting $LUV's Key Pivot Level
Fundamentals Analysis
1. NYSE:LUV announced a quarterly dividend of $0.18 per share, payable on January 6, 2024, to shareholders of record on December 20, 2023.
2. NYSE:LUV faced a regulatory action from the Federal Aviation Administration (FAA), which proposed requiring Boeing 737 operators to replace certain fan blades after a fatal incident involving a Southwest flight in 2018.
Technical Analysis
NYSE:LUV 50-day Moving Average is trading below the 200-day Moving Average of the sto
LUV Southwest Airlines Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LUV Southwest Airlines prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 22024-6-21,
for a premium of approximately $2.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
LUV is loving the summer vacation travel LONGLUV has been in a persistent trend up for a couple of months after lackluster earnings were
reported in early May with another due on July 27th. The airports have been quite busy
with vacation travel and Southwest has been part of that action. On the 1H chart, price has
been supported by the line two standard deviations above the mean anchored VWAP which
shows persistent relative strength in a rise of over 25% over two months. Price above the
POC line of the volume profile is another
Not enough LUVAirlines are not doing well still despite a bunch of propping up by various institutions. These earnings are going to be absolute garbage and the broader market is also gonna tank too. I expect a rally to the 44-45 range with a likely rebound Monday in the broader market. After this, there is nothing holding airlines up for the foreseeable future. What bullish catalyst exists for airlines right now? They've been on life support since the get-go and the labour shortage along with Omicron has comp
SAVE trades to consider$SAVE #Southwest Descending wedge, trading under major Weekly horizontal support. Breakout of wedge retest $33 likely. If $40 breaks, W breakout PT would be $62.
Breakdown, play to 15.35 then to 7.35.
S
Southwest Airlines Looks Like It Wants to BreakawaySelling climax and capitulation occurred during period from Mar-2020 thru early Aug-2020. Covid-19 infection rates were shifting into acceleration mode and an effective vaccine had yet to be developed/approved. Economic conditions were deteriorating and the airline industry was barely "hanging by a thread". So what's different? Global economic recovery and loosening of TSA restrictions and CDC guidelines are a relief to both businesses and consumers.
That's the fundamental story undergirding t
$LUV potential long term value playThe airlines industry seems to have found a bottom over the past couple of months while the general market has rallied.
It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry.
Here $LUV broke out of its falling wedge and the pullback gave us:
1) Support of the trendline
2) A higher low
3) Reclamation of the 8EMA and 21 EMA
If it can clear and hold the 200 EMA I will start scaling into
JETS - LongI like to use JETS to trade any of the airline stocks( DAL , UAL , AAL , LUV , JBLU , SAVE .
It seems the overall market could just pull back a little and continue on with the short squeeze, so if the last gap up pattern plays out again, I'll be entering positions in a few airline stocks when JETS traces back to bottom of the gap up candle.
Southwest Airlines; Are the Bulls Ready to LUV this Stock?✨ We provide charts every day ✨
Like and Follow to help us grow family! 🎉
---
Hey gang! Let's take a look at Southwest Airlines to see if it can pull out of this tailspin. The LUV chart looks like hot trash on a southwest sidewalk right now, but we are slamming up against some major support, which might give this dead cat wings.
---
1. Fractal Trend is showing a downtrend (Red background color) for LUV on the daily chart.
2. With this setup, we want to take short positions when Fractal Tre
United Airlines Zones
Colors
Red = Sell
Green = Buy
Gray = Do nothing
Orange = Small short till blue
Blue Institutional buying = already happened at least once
Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol
IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back.
One interesting thing is I am finding cash flow of Quarterly Operating Expenses of
LUV Daily Tightening RangeLUV is clearly tightening on the daily timeframe with a series of lower highs and higher lows, forming an equilibrium pattern, triangle, whatever you want to call it. The point is that the break is imminent and it’s direction will likely be dictated by the stock price’s reaction to earnings next week.
The most important levels right now are 29.73 support (and 29.15, the dump low, which is so close to 29.73 that if we break 29.73 we are also likely to break 29.15) and 37.31 resistance, then 43.
Is Southwest Airlines a Hidden Gem?This is my first TradingView video, hope you guys enjoy! Be sure to leave a like, follow, and comment!
Southwest Airlines is a potential gem in this market as trade wars with China escalate. As Boeing ramps up production of their Max jets, Southwest also ramps up their flights as they are a primary user of the Boeing Max jets. Southwest did beat their earnings, however fell a little short on revenue, but if this is any indication towards Q3 earnings, I would feel bullish as these Boeing jets
Southwest Airlines a Paradise?Southwest recently started flying to Hawaii, and the stock price had a roaring January! Southwest continues to grow and the Megalodon is giving the buy sign on the technical side!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! Send me a message if you would like to try it for yourself!
While the currencies sleep.... LUV looks AMAZING!I'm a heavy forex trader but sometimes the forex market just sits and makes us wait and when that happens I jump all over stocks (and vice versa)
Right now I'm watching Southwest and it looks great, $50 is a major support zone and channel low, if that holds I like getting long (vertical put spread or call options) for a move into the high $50's. However if $50 does not hold I don't want to hang onto this stock, it could get messy below that support.
Happy trading, let's make some bucks!
Bearish Gartley - LUV I've had LUV in my portfolio for sometime until I spotted this bearish gartley a few weeks back. I forgot to post as an idea, but since it seems to be playing out I figured I would post this. Imediate target = $56, longer potential targets $46 and $40.
Original pattern I spotted:
*THIS IS NOT TRADING ADVICE*
Southwest Airlines Losing Some LUV?On March 30, 2017 Southwest Airlines Co. (LUV) 20 day moving average (MA) crossed below its 50 day MA. Historically this has occurred 94 times. When this happens, the stock does not always continue to drop. It has a median gain of 3.775% and maximum gain of 52.802% over the next 10 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at 47.8715. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbough






















