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Southwest Airlines (LUV) lifted by November traffic data

 Dec 04, 2009 06:20 PM UTC
Return Risk
-65.06% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
LUV n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Major movement, Good news, Southwest Airlines (LUV), Options, Technical Analysis

LUV logoSouthwest Airlines (LUV - option chain) shares are rising today after the company reported this morning that its November traffic rose 11.7% over the year-ago period. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on LUV.

LUV opened this morning at $9.61. So far today the stock has hit a low of $9.61 and a high of $10.20. As of 11:45, LUV is trading at $9.97 up 46 cents (4.8%). The chart for LUV looks bullish and S&P gives LUV a positive 4 STARS (out of 5) buy ranking.

Continue reading Southwest Airlines (LUV) lifted by November traffic data

Southwest Airlines (LUV) lifted by November traffic data originally appeared on BloggingStocks on Fri, 04 Dec 2009 13:20:00 EST. Please see our terms for use of feeds.

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