SAVE LONG OR BUY , TARGET UP TO $27SAVE back test successfully and started back to the track, the t riangle pattern is still active and has the signal of the 5 wave form. BUY : $19.50 TARGET 1: $26.30 TARGET 2 : $30.60 STOP LOSS : -8% Wish you good deals!Longby NgBinhMinh14
SAVE ResistanceI think if SAVE holds @$19 it can easily hit previous highs in 2 months. If it drops below it might bottom back at the $15 range. Well see this week. Been holding since it was $10, not selling till it’s at least $40Longby tirsobust6612
$SAVE Spirit Airlines Review The stock moves 100% last week , which is incredible but nevertheless unsustainable. Fridays afternoon session brought the selling as wisdom dictates profit should be taken . The RSI is very high and needs a reset. The stock was very popular among day traders and may be the focus of shorts this week I have included the relevant support ans resistance levels to consider in the days ahead. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.by Bullishcharts1145
Profit taking occurring on SAVE for the next few daysIn early May, Spirit airlines was tanking. I had recognized that there was a double bottom in play at the 7.50 range so I loaded up on some SAVE shares to look for a profit taking move. For the past week, this stock has been on fire, having multiple days of 30%+ gains. I feel that we are going to see some downward potential here in the short term. RSI is currently in the oversold level on the 4H, and after such an aggressive impulse, I would anticipate that there will be some profit taking going on over the next few days. I anticipate that SAVE will hit the yellow ascending support line, at around $19.00. If this support tumbles, I think it may be a bear trap would expect the stock to fall to around $16.50 before reversing its course for the next leg up on its up trend. I will be looking to add to my position at both the $19.00 and $16.50 levels. My bias will change if the stock closes below $11.50. I think in the long run, SAVE will revisit the price it was trading at the beginning of the year. Shortby xcbickel4412
$SAVE growth since Last Prediction, Log Curve Should StablizeFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think Spirit Airlines is a long hold in general but looks like it is soon about to dip given how long its bullish run was. I would take the nice profit and likely reinvest in the dip if that was the case, as the bubble can start getting broken. It peaked at 12% growth today before going down 7%, and resistance seems to be tightening up. If you want a higher profit turnover, I suggest not waiting until all your profits go down.Shortby gamer4561486
SAVE BUY INVESTING LONG TERM Save confirms breack out the Symmetrical Triangle pattern Buy zone : $15.50 Target 1 : $20 Target 2 : $25 Stop loss : 13.5 for investing long term . Wish you a successful trading!Longby NgBinhMinhUpdated 664
$SAVE $22 price target for Spirit Airlines Possible long above local resistance at $19, stock may need to consolidate after such a strong move in recent days before making a sustained move higher. Overbought in lower time-frames but plenty of room to run on daily Barclays commentary on SAVE "With the absolute lowest cost structure and lowest airfares of US airlines, we believe Spirit will likely be one of the first carriers to achieve financial recovery," predicts the firm. "While the future for travel demand in a post-pandemic period remains one of the largest questions for investors and airline management teams alike, most would agree that leisure demand is likely to recover first. Spirit's network is almost entirely exposed to either leisure or travel demand associated with visiting friends and relatives." Barclays has an Overweight rating on SAVE and price target of $18. High short interest of 21% could sustain the rally Company profile Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company's customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.Longby Bullishcharts6661
$Save - Gap to be filled$SAVE Play that gap, scalp your 2% and move on. Everything is risky at these levels. Buy @ 19 to scalp to @ 19.80 as i feel its likely to get rejected again at $20 Does not show there is a lot of support until back around mid 14s as we had a big day for airlines across the board. very easy for a rug to be pulled. Either buffet fucked up super bad and we are all smarter then him...or everyone is in a massive airline stock bubble again, but its retail holding the bag, mainly because Spirits carry-on fees are horseshit. ;)by IMF_Trading1
$SAVE Spirit Trade setup Has lagged behind the other airlines Possible long trade to the overall .236 Fibonacci level Economies slowly begin to open and air travel steadily increases Longby RedHotStocks15
Can Spirit Airlines start a recovery cycle?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. While, I don't personally like airline investments at this time period (for obvious reasons), I feel like as restrictions slow down, the supply and demand curve dramatically changes. Spirit Airlines already been dramatically beaten up a bit, and I see a positive retracement already happening for what will be a slow recovery cycle.Longby gamer4561485
Spirit AirlinesWhile many international flights have been cancelled domestic carriers are continueing to operate essential routes within the united states. As traveller look to potentially travel more the projections for domestic travel are higher for the short term than international travel as many borders still remain tight with restrictions. Longby AirMarketGroup114
SAVE: Long Spirit Airlines, More Money More GoThe risk reward for a month of June long is there for this one.Longby wantonwallet115
Travel following trendLines drawn from last week continue to define the resistance levels this week. Few travel stocks breaking trend, $SAVE just cherrypicked as an exampleby mcduckstrading2
SAVE WIll Soar To 3X ProfitsHello, What is Save? Spirit Airlines, Inc. is an American ultra-low-cost carrier headquartered in Miramar, Florida in the Miami metropolitan area. It is the seventh-largest commercial airline in the United States. Spirit operates scheduled flights throughout the United States the Caribbean and Latin America. Why Spirit Airlines could stage a comeback Spirit Airlines stock looks very attractive in a "steady recovery" scenario. Las Vegas and Orlando are key markets for the carrier, so as casinos, resorts, and theme parks start to reopen, demand for its flights could increase dramatically. Spirit Airlines could be one of the first airlines to benefit from a demand recovery. Furthermore, unlike most major U.S. airlines, Spirit doesn't rely on high-fare business travelers to pad its profits. Business travel could remain weak even after a vaccine is deployed (due to growing comfort with videoconferencing tools, the recessionary economic environment, and business failures during the pandemic), but that wouldn't hurt Spirit Airlines. And while some people will have to cut back on leisure travel due to job loss, the budget carrier could more than offset that headwind with market-share gains, as budget-conscious travelers seek out its low fares. Indeed, due to their dependence on high-fare business travel, American Airlines, Delta Air Lines, and United Airlines must be cautious about restoring capacity as demand recovers. Large swaths of their route networks can't operate profitably based on leisure demand alone. With some of the largest airlines in the country planning to err on the side of too little capacity over the next year or two, Spirit may be able to return to 2019 capacity levels long before demand recovers fully. That's crucial, because unlike the legacy carriers, Spirit has no good options for shrinking its fleet in the near term. This isn't a done deal While air travel is starting to recover and there are hopeful signs on the vaccine-development front, investors shouldn't expect smooth sailing for Spirit Airlines stock. Many Americans are itching to get away from home, but many others have no interest in getting on a plane until they've been vaccinated. As a result, while getting traffic up to perhaps 30% of 2019 levels may be achievable over the next couple of months, the recovery could slow thereafter. Despite its industry-leading cost structure, Spirit Airlines is unlikely to break even with that level of demand. Furthermore, delays and setbacks are par for the course in vaccine development. As clinical trials progress over the next several months, some vaccine candidates will likely fail. That could shake investors' confidence, particularly with respect to Spirit Airlines stock and other travel-sensitive shares. Still, Spirit Airlines has taken necessary (albeit painful) steps to shore up its balance sheet over the past month, including an equity offering and convertible bond issuance. Including federal loans that Spirit can tap if necessary, the airline has ample liquidity to survive even a prolonged downturn. Meanwhile, COVID-19 isn't likely to hurt the airline's long-term growth prospects. As a result, there could be more gains ahead for Spirit Airlines shareholders. So the question remains, will SAVE Soar as indicated on this chart, or are we watching a dead cat bounce? I will leave this for you to decide! Good Luck Cheers!!Longby keifer121231