Technical indicators signal a Diamond forming. Verify the setup on the chart.
Indecision. Widening then narrowing range.
LUV is showing interesting structural developments at $37.6. The stock is trading at $37.6, down 1.65% on the day. The primary technical feature is a Diamond formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $35.73, targeting $19.28 with support near $43.96 (R:R 2.0).
What is your outlook on LUV?