$LUV - Very challenging area (look at the circle)The real test is MA200 Positive local channel (Local support as well). Not for any advise just an Idea, by Samuel12_1980110
$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 medium and long term calls. Another good indication would be similar plays in other airline stocks such as $JETS, $DAL, $UAL, $AAL et al. Longby zachyamUpdated 1
Southwest Airlines ready for the next move?Nice running flag forming with consolidation within. Will keep an eye on it and time the entry on the lower time frames if a setup present itself. What I want to see on the lower time frame are reversal patterns like H1 double top / wedge / H&S etc. Shortby chartingfeed-dh2
LUV Chart pattern bottoming The airlines have been destroyed by covid 19. PASSENGER traffic is increasing and stock price recover in recovery is inevitable. For all chart users look at thei formation and tell me I am wrong. Longby helpfulRider229631
$LUV airline breakout setupairline stocks are setting up in bullflags if we see a breakout we will have a huge rallyLongby mikebuysstocks111
$LUV Southwest Airlines Chart ReviewVolume remains very low, a spike in volume will signal a change of momentum. 50ma may now act as support. Potential targets to Fibonacci levels. Rallies get sold so don't get caught holding the bag. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts2221
$LUV Southwest $40 Target Market is hugely optimistic pre market but that can change very quickly so caution needed in all the travel stocks Longby RedHotStocks1111
Corora Airline- Southwest (LUV) BUY Airlines provide high reward but with a high risk to take advantage there are certaim combination of trading methods to provide better opportunity Southwest(LUV) is the only airline that as of today with positive cash flow(2.96 Billion). Spirit Airlines(SAVE) is classify as a cheap convenient airline books only have -2.79 billion in debt(This can be forgiven or refinanced overnight with gov aid) Target and stop in graphLongby MCFX880
ready for breakout...buy as much as u can. this will easily hit 38-40 range in no timeLongby LetsBeMillionaire3
$LUVJust messing around with a new strategy, posting in case it works. I plan to buy at 1 and then hold until the stock reaches it's 200 MA 1. Buy 50 shares at 1 (green line) and set stop loss $1 below 2. Watch at what stock is doing at second green line, sell 1/3 possibly 3. If it reaches this area I will watch a little more closely 4. Sell my entire position/re-evaluate on what will happen once it touches the MA Longby gabe-arroyo4
$LUV - 31.2$ is a "springboard" (So far, strong support)So hopefully will not break below that level Not for any advise Just an Idea by Samuel12_19808
ABC BullishThe stock is not to break out yet but it is very close to stop which is at 34 or below. That is the nice thing about ABC patterns Airlines are not everyone's top pick. This I know. Almost all of the airlines are in this pattern right now so just take a look if you do not like this airlines. HA, AAL, SAVe, UAL and SKYW are in this pattern, perhaps more Not a recommendation. I do own this stockLongby lauralea6
Southwest Airlines Wedge BreakoutSame pattern as BA. Targets outlined by arrow and supply zones. Longby axelroark12
LUV signaled back on 6/08 and the target is $40.59NYSE:LUV Can you feel the LUV? I do! I'm in on this one already and I'm looking to add more options on any dips. Longby abow1007Updated 336
LUV before earningsSouthwest has continued to fly everday during this pandemic. On some flights carry less than 10 people at one time. Although the service has been limited the flights are starting to fill up slowly and surely and with the 737 max test flights starting again, that would bring a large portion of their fleet into service. by AirMarketGroup3
Multi-theory and TA only Bull argument for LUV.First and foremost, LUV appears to be forming an inverted H&S. Target breakout of IHS = $47.70 (First level of resistance). Once breakout confirmed, Target 2 = $52-57. The level of $47 has been solid support over the past months prior to the price finally dipping below the support in Feb. You can see on May 15th, LUV was able to breakout to the top side of it's descending wedge. Since then, a strong impulse wave brought the action back to shoulder level. Watch for a breakout above $41 before adding longs. OTHER TECHNICALS- RSI is trending up with bullish divergence. Volume profile shows significant interest in the current price range compared to the previous range. Longby nrhayes917
LUVBuyers come in and broke trend line,Due to US states coming back on line despite the second wave of CV-19, expect increase of more flights which will require more services and with 04 July celebrations occurring with in the week more flights required for the Long weekend CelebrationsLongby simtrader19a7
$LUV - Recovery? as long as it stays above 31.2 and "Green"Not for a suggestion, Just an Ideaby Samuel12_19804
$LUV Southwest Airlines Reversal Possible long entry at $33 Upside target $37 50ma has held as support. Upgrades today may help.Longby RedHotStocks14