SOUTHWEST AIRLINES CO

NYSE

LUV

ruben_rodrigues

I. Analysis 1. Price in a strong downtrend as 20MA shows - bias is to look for shorting opportunities 2. Price had been forming a descending triangle prior breakout 3. Price retraced and is now in the previous support/current resitance. This is a value zone - look/wait for an entry trigger 4. A bearish engulfing has just been formed. Candle is small so a break of...