octradr

Southwest overbought

Short
BATS:LUV   Southwest Airlines Company
0
Southwest is having a really difficult time breaking 14.70 and it is near the peaks on the weekly chart.
It has made new highs, but given the overbought signal on the stoch and this recent difficulty to push higher I believe a short play with a stop around 14.85 is in order.
HAPPY TRADING!
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