Reviewing why $LUV broke down

מעודכן
Break down occurred once the blue support box was violated.
Showing signs of a pipe bottom right now------> id consider buying
הערה
Pipe bottom did not fruit. Idea voided
הערה
Notice the angle of the down trend right now. THis is one of my best setups stat wise once it nears a break out watch for trend line break along with macd zero crossing to the upside, along with ris breaking a topside resistance line.
breakdownTechnical IndicatorsOscillatorspipebottomRelative Strength Index (RSI)Trend Analysis

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