Hello,
Buying some LUV here.
It actually did okay in earnings through COVID. The airline is national which will pick up quicker than international airlines.
Analyst consensus currently is at around $40 which is about a 40% increase from the current price.
Price is currently at weekly support/resistance and may drop to the daily support/resistance at around $27.
Buying some LUV here.
It actually did okay in earnings through COVID. The airline is national which will pick up quicker than international airlines.
Analyst consensus currently is at around $40 which is about a 40% increase from the current price.
Price is currently at weekly support/resistance and may drop to the daily support/resistance at around $27.
Trade closed: stop reached:
Warren buffet announced divestment from airline stocks. This hit stop loss immediately. I am looking to get back into LUV eventually.