Daily Chart
Bullish alert and bullish Crossover with a BAD price action.
Possible breakout level to be taken with the price action of October.
On Watch for a possible topSwing
LUV has been in a persistent trend up for a couple of months after lackluster earnings were
reported in early May with another due on July 27th. The airports have been quite busy
with vacation travel and Southwest has been part of that action. On the 1H chart, price has
been supported by the line two standard deviations above the mean anchored VWAP which...
After the terrible winter disruptions, it looks like SWA is finding a bottom on prior ATH areas. Does the dividend warrant buying into this terrible service provider who is just as bad as the rest of the industry?
Southwest airlines, been on a big down trend, approaching a pivotal price area. Publishing this to keep an eye out for the coming few months. My expectation is for this to do a mini-dead cat bounce before revisiting the low 20s.
For Q1 2023, operating revenues are now expected to rise in the 21-23% range compared with the 20-24% year-over-year growth estimated earlier.
However, LUV continues to expect a negative revenue impact in the $300-$350 million band in the first quarter of 2023, primarily limited to January and February, due to operational disruptions in December 2022.
The...
1W Chart, Southwest Airlines Company (LUV) :
MACD : Has been under the histogram since September, 2021, with two attempts to break through the surface, one third move up, should break the ice...
RSI : Has been moving into a band between 31.00 and 55.00
PRICE : Has been steadily moving up after bouncing twice around $30, testing the 100MA signal resistance...
Idea:
Confirmation of the emergence of a growing trend
SL < 33.08 or 33.39
Fundamentals:
- Pro: Low debt to eq
- Pro: GM, P/E, RoE - normal
- Con: P/E > 40
Technical:
- Pro: Fallen trend may change to growing
- Con: 34.18 level is strong
Price has been consolidating in the triangle pattern since October. The ADX is staring to rise above 20 independent of price action so something is about to happen. This can break either way, but we are close to historical support after a long down trend.
Not financial advise.
LUV- short
technical only:
As you can see in the chart, the stock met with resistance
line of the lower highs.
Today we received a breakdown of short-term shuffling, which gave me the confidence to enter a short trade.
My first target would be $33.85
Second target: $33.05
Below 36.09 the transaction will be more dangerous for me and I will exit with a...
The PEAD projected a Bearish outlook for $LUV after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $LUV after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as...
Southwest Airlines, helluva airline stock has taken a massive hit during this WideSpread Bear Market. Just recently LUV has seen further selloff to levels seen at the COVID Crash Bottom.
Major Support is definitely coming in here, and Demand is heavy. Buyers are and will step in at these prices certainly as the company is not failing... yet lol.
With this in...
The PEAD projected a Bullish outlook for $LUV after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
The S&P 500 just closed at its lowest level in about two months. Southwest Airlines, on the other hand, ended last week at its lowest price in over two years . Is that a sign of incipient weakness in the carrier?
This chart shows the series of lower highs since the spring. LUV held roughly $35 over this time, resulting in a potentially bearish descending...
![LUV: [LUV] Hypnotize of the born of a local growing trend](https://s3.tradingview.com/b/bNCjRL4Z_mid.png "[LUV] Hypnotize of the born of a local growing trend")
