Spirit Airlines Wild Ride as Shown.
Use these Tips such as ALT +V to draw a Vertical point in time
ALT + V
Also Using ALT +H Draws a Horizontal Line.
But a good Short Cut is ALT+J for your horizontal Ray to the Right.
Then use your many features to study, but also document everything as shown.
Works for me.
Spirit AeroSystems (SPR) shares soar, closing Wednesday by over 23% higher, on a new collaborative agreement with Boeing (BA). Health care company Abbott Labs (ABT) beats its third-quarter earnings estimates and raises its forecast on the mass adoption of weight loss drugs.
$SPR is an aerospace parts supplier to Boeing. The manufacture large components of Boeing jets and also make parts for defense aircraft which is the fastest growing part of Spirit Aerosystem's business. As Boeing continues to recover, watch as $SPR probably move up even more violently. Target for investment is $100 in 2025
am looking for a pull back to get in. This is my set up at the moment.
Entry; $30.98
S/L; $30.20
TP1; $32.54
TP2; $34.88
Please always do your own search and analysis before you take any trade. Do not rely on anyone :)
Double bottom forming on SPR along a dominant uptrend in white
The second bottom point is currently under formation
This will likely lead to a sharp recovery, as it did with the first double bottom along this trend line
Again using bars patterns to plot recoveries
SPR today hit the bottom of its recent price channel with a nasty bearish candle. It has formed a nearly flawless head and shoulders pattern, and the question now is whether it holds at current support and heads back up or falls down to the necklines of the pattern. If it closes under the channel support, I would consider this a short opportunity down to the...
Spirit AeroSystems Holdings, Inc. designs, engineers, manufactures, and markets commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles, and related engine structural components; and wings and...
After a solid Aug beat that saw 55% sales growth SPR an aircraft parts Mfg. in the US is braking out. It seems it was held back by the delta varian, so now as covid declines this stock flies to $55
I posted the beautiful falling wedge on #SPR awhile ago . Entry conditions are well known , you enter after the breakout .
For now , i closed my open position although it looks higher but there are many other better patterns in the meantime on other stocks .
Follow me to learn more about falling wedge pattern and other great working patterns in the...
And here is another one $SPR with cup with handle that is also looking bullish in the Aerospace & Defense industry. Seems that industry wants to break higher.
Spirit Aerosystems is a airplane component supplier to Boeing and Airbus. A lot of strong tailwinds for this stock, US-China arms race is a narrative that will get bigger and bigger in the next few years. Growing competition for space, this company will be making parts for air and space craft that havent been imagined yet for years to come
