ucsgears

LUV - The upside for a bounce (Pure Technical Setup)

NYSE:LUV   SOUTHWEST AIRLINES CO
368 lượt xem
Airlines are flying high, Time to short? absolutely not. Are there divergences? Yes. Is there weak trend? Absolutely on the overall industry group. Will this be a short, Not until the Oil prices finds its bottom.

Yes, this may have trouble flying to new high, if the market is capped with current level. The Usual suspects for the current weakness is from the Sensitive sectors, Techs, Industrial and Energy. Remember these are important, with 40% weight on SPY and 60% weight on QQQ .

Before i get diverted, The next bull mode in SPX/QQQ the airlines are to be watched for.

Also keep an eye on their earnings as it unfolds. FYI - Earning on LUV is 1/22

Bình luận

from Directional POV,
+ve DI is below black signal line, does not look good
i wont rule out a final spike to finally see shooting star :-)
+1 Phản hồi
ucsgears jangseohee
I am only looking for a bounce here. Provided the sector XLI turns bullish as well.
+1 Phản hồi
whats happening bro? LUV got thrashed?
From 47 to 42 in 3 days?
Phản hồi
ucsgears jangseohee
Did I ever say, Buy and hold? Trading is different than investing. If someone is basing investing opinion from 30 Mins Chart - They need help.
+1 Phản hồi
jangseohee ucsgears
Well said, poor dump money :-)
Phản hồi
ucsgears ucsgears
Which I am willing to provide for a price. ;). I do point out when the target gets hit. Infact this had a nice bonus after earnings. AAL - Still has negative sentiment after the earnings.
+1 Phản hồi
jangseohee ucsgears
whatever it is i am short now!
+1 Phản hồi
ucsgears jangseohee
A counter trend trader will never agree with a trend trader - We all have our ways to trade. Good luck
+1 Phản hồi
jangseohee ucsgears
same to you too
Phản hồi
With this gap, UAL, DAL, AAL is all hitting resistance. I would take the bullish trigger after a re-tracement, if it holds.
Phản hồi
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Trả phí Giới thiệu bạn Quy tắc Áp dụng Trung tâm Trợ giúp Giải pháp cho Website & Nhà môi giới Widget Giải pháp biểu đồ Thư viện Biểu đồ Lightweight Blog & Tin tức Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Giới thiệu bạn Ticket Hỗ trợ của tôi Trung tâm Trợ giúp Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất