... for an 8.15 debit.
Comments: The IV in here is redonk (IVR 96/IV 238.6%), no doubt because the merger decision between SAVE and JBLU is in a court room, with the trial scheduled to finish up at year end and a ruling to follow thereafter. At the moment, the buyout proposal is for $33.50/share and/or a $29.80 "Deal-Through Price." While most are probably...
Spirit Airlines is a solid airline company that in my opinion is not going anywhere. This fundamental makes it a tradable stock to me from the start. Throughout the video I explain every reason leading to my long term consolidated-bullish thesis through fundamental relative and absolute valuation metrics and general technical analysis. It is my first time...
Spirit Airlines (NYSE: NYSE:SAVE ) is facing strong resistance from multiple trend lines and zones in the daily and weekly time frames. The first resistance is at $15.43, which is the downward trend line drawn from the June high. The second resistance is at $15.96, which is another downward trend line drawn from the August high. The third resistance is a zone...
On the hourly chart there is a great bullish cross + positive price action.
This scenario comes after a failed breakout of the previous downtrend-line but together with 2 higher lows (if confirmed) on a longer term basis.
The daily chart shows a bullish alert for a continuation of the breakout given with the hourly chart.
There is already a possible bullish price action as well.
Spirit Airlines
Showing a massive trendline from $40 range.
Take profits as we break the wedge up to the $33 area and maybe even back up to $40
-- Long Term Swing Trade setup here
Enjoy!
We are looking at a break out here on Spirit Airlines to the bearish side. We can see there has been a Symmetrical Triangle that was formed over the course of almost a year. It broke out recently to the bearish side. Now it seems like it might pull back hit the trend line and bounce back down or it is going to consolidate. Either way in 5 to 6 weeks we a looking...
Dominant Bearish Channel is evident, yet we can compare the current structure to the initial bull case
A rising double bottom , I have shown this with a trend line
A little curved top can also be seen in both cases in green rectangle
All taking place along the same horizontal
If the channel breaks then the bulls win
Spirit Airlines is in an uptrend, as indicated by its EMA10-EMA20 golden cross, a usually bullish indication. Its MACD showing bullish momentum, further support this outlook. Hence a daily close above the $25 could kick off the trend continuation towards the upside. First resistance is $27.88, a level that stalled Feb 2022 and Apr 2022 rallies. Second resistance...
Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various...
Hi my Name is Logan. I’m a 15 year old day trader who enjoys the thrill of the market. I recently profited off of spirits recent deal with Jet Blue where they offered them 3.6 Billion U.S dollars in exchange for a partnership.I have been able to isolate 2 possible predictions for the outcome of the spirit airlines stock, and both don’t have spirit increasing by...
