Southwest's most recent trend suggests a bullish bias. One trading opportunity on Southwest is a Bull Put Spread using a strike $40.50 short put and a strike $35.50 long put offers a potential 11.11% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $35.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Southwest is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Southwest is bullish.
The RSI indicator is at 60.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Southwest
Oil's airline impact
Thu, 04 Dec 2014 22:00:00 GMT
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Thu, 04 Dec 2014 21:01:18 GMT
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Thu, 04 Dec 2014 18:53:33 GMT
Update on major economies driving Asia-Pacific passenger growth
Thu, 04 Dec 2014 17:01:21 GMT
Cramer: Airlines remain undervalued
Thu, 04 Dec 2014 14:30:00 GMT
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