This a part 2 to a 3 part in depth analysis on SAVE. I am actively practicing everything I am learning.
Continuation off of previous video. Covering specific financial statement analysis. Part 1.
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...
I see SAVE going back to 25 by Jan 2021 but if you're an option trader i suggest getting ITM calls for 2021 even 2022 if you want to add to long term portfolio. Shares is also good to add to your stock portfolio. Remember to keep in mind if airlines were to shutdown and vaccine trials see no further progress that would be a sign to get out, but recent news looks...
this was a tough one and pokestar2019 made me put in work tonight lol but my primary count seems like it has a lot of confluent factors. the monthly macd is still bearish waiting on a cross to the upside no monthly rsi divergence with price we are trading below the weekly EMA ribbon the stochastic rsi is crossing on the monthly but we can definitely hang low...