The airlines have been absolutely ripping in June
A break and hold above the pictured downtrend line, which is at a 50% retrace of the covid low-high, is what I want now. It’s been there before, but unable to hold it. That sets the target at the .618 ($22) which is yet another congestion zone.
I think if JETS 0.00%↑ is going to get there, it will need to be on the back of LUV 0.00%↑ . The relative laggard out of the more heavily weighted in the ETF, it’s been in an operational mess the past 2 years.
