LUV Swing

 





Odd airline out. Strongest one of bunch and leading.

Nice orb to get me in, added with momo. Came down for a while but held well and added more as we ripped it back up to bo level. Is a favorite so I am big. 

Definitely leading airlines. Broke out and then others following with strength. Looks great for more industry help. 

Others just not seeing it yet, we are holding higher. 

And then we did and blew up even more. Am big, want tto take some risk off to cover it. Waiting for deeper pb. Other airlines really not seeing this strength yet but ETF broke out big with huge vol. 

And took as we stalled as did others. 

And getting our first pull in as is rest of market. 

Industry pulling back hard, almost looks like a failed break higher, may be in trouble. 

Slow long drawn out down to vwap. Low vol, expecting to hold this. Others are not good. Total failures looking to drop even more. I will have to bail early if we all cant keep up. 

Others keep losing it, LUV clearly holding with vwap real nice curling pattern. I dont want to add. I do not like the indutry failure here. 

All turning back up now. LUV real nice pop higher. Others under vwap still so not convinced of anything yet. May be chance for sellers to get in again. 

Wow and we are cutting right through vwap higher. Choppy action, will now have to see retest of vwap again in others. Nice moves higher though. 

And did and pulled higher. No place to add more. Looking for BIG moves today here in these names. 

And now we have LUV lagging, others leading. 

Super tight triangle again, market getting parabolic so far away from vwap, pb will be nasty. Cant ignore strength though, others still not seeing it yet. Holding. 

Were breaking higher, other names still not seeing this strength, may be a sign of whats to come though. Holding but getting cautious. Want to make sure I dont give it back. 

Airlines so tight in there action too, just waiting one way or the other, have to think long still. 

Broke higher then lower, seems like failure again. Others also dumping. 

Breaking ranges lower but not dropping, might be another failed breakdown. 

But then did drop, as did markets finally, out for slight profit. Will get back in if it showed up but other names breaking lower with vol. 

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And did pull up as did others.

Dumb, and right back in. Market still turning lower, but clear fail and rip so far. 

Added on new mini range high, bulls back in it, breakouts in some.

Right on the verge of beakouts in ETF and others, just needs that little bump maybe we can gtfo this choppy range. 

Testing lower once more, now HTF MAs getting above price, last shot. Super low vol move lower. 

Really not making this easy. Keeps going back and forth between break out or no break. Fail or reclaim. All of them. 

Added more as we reclaimed, as are the rest, another failed break, were so tight this has gotta be the one to rip it all. 

All turned up fast and hard into top TLs. 

What a nightmare, and pulling lower again once more. Reasons still here to see this explode, just waiting to see it. Weve failed lower so many times now, also failed higher so many times now. Still above BO level, others are not but still same action. 

Others made breakdown point, spiked higher again. LUV held higher whole time, broke TL and mini range added, this is go point. 

And again, not seeing any vol on move higher, others not following well.

Pulling back to TL test and ripped up, others the same. Should be long gone now. Stop reduced as i am v big here. No need to take big L given all that weve seen. This needs to be gone now. If not, this is just on failed breakouts higher too many.

Great buying not blasting off though. All MAs under us, other names at top TL also looking ready to bust it higher. ETF getting stuff lower, might just be a trap here, gotta be ready for it all. 

And did turn lower on me breaking down as did all the others. Excellent management, not big L at all. Gonna have to sit out for a while. 

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Cant believe it but I am in this again, just slowly built higher, then other airlines finally did break higher. Back in but not near as big, giving space.

Made new HOD, slowly moving up. 

Others crashed, we did a bit. Clearly the strongest. Just holding through. 

Dumped at the bell, as did others. Stuck in it for now, currently at a loss. Well above BO levels though and others still havent broken out, not dead trade yet. 


2nd

Just tough all day, couldnt hold much, built lower in sell off and exited as it broke lower again. Cant get industry behind it. 


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