LUV eyes on $28.xx: Double Golden fibs that might start next leg

Aktualisiert
Airlines have been on the rise for a while.
LUV earnings beat but stock has dipped.
Major support, long above, short below.


$ 28.53 - 28.92 is the key zone of interest.
$ 27.64 solo fib for SL if long or TP if short.

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Trade ist aktiv
Houston: "We have IGNITION"
Snapshot
(yellow area is from posting time).

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Zoom in (M15)
Snapshot
Picture perfect launch from Support.
Nice confirmations of the Covid fibs.
Now we look for Retest of Golden Covid.

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And we are pretty close the first target:
Snapshot
Genesis fib at $33.15 first TP for >14% gains.

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Trade geschlossen: Ziel wurde erreicht
Mission Accomplished
Snapshot
Hit our first target EXACTLY (of course).

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Zoom in (m3)
Snapshot
PERFECT Ping's on fibs, Genesis fib top, Covid fib bounce.
$32.28 of interest now, if that holds we might get new highs.
But scalp trade is done, Holders sold some, buy a little back.

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FibonaccigoldenratioSupport and Resistance

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