The airlines industry seems to have found a bottom over the past couple of months while the general market has rallied.
It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry.
Here
LUV broke out of its falling wedge and the pullback gave us:
1) Support of the trendline
2) A higher low
3) Reclamation of the 8EMA and 21 EMA
If it can clear and hold the 200 EMA I will start scaling into medium and long term calls.
Another good indication would be similar plays in other airline stocks such as
JETS, 
DAL, 
UAL, 
AAL et al.
It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry.
Here
LUV broke out of its falling wedge and the pullback gave us:1) Support of the trendline
2) A higher low
3) Reclamation of the 8EMA and 21 EMA
If it can clear and hold the 200 EMA I will start scaling into medium and long term calls.
Another good indication would be similar plays in other airline stocks such as
JETS, DAL, UAL, AAL et al.Dagangan aktif
I am using a PMCC strategy where I sell shorter dated calls against my far dated one.Dagangan ditutup: sasaran tercapai
My long call is almost reaching expiry. Closed them since my short call is now ITM.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.