Discover and read the best of Twitter Threads about #spiritairlines

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#Jetblue is trying to buy #SpiritAirlines. It's a terrible idea. Consolidation in the US aviation industry has resulted in higher fares, less reliable planes, spiraling junk-fees, and brutal conditions for flight- and ground-crews. 1/ A crashed WWI biplane, rede...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on, my surveillance-free, ad-free, tracker-free blog:… 2/
The four remaining US major airlines, who gobbled their rivals, are three times more profitable than their European counterparts:…

That's great news if you're an airline shareholder. 3/
Read 27 tweets
Analysis: #NASDAQ $SAVE

Case 486 #SpiritAirlines Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SAVE 1/4
Chart 1
Monthly Chart: The Feb. 2020 strong down move led to a loss of the July 2013 #pivot at 33.05 and aggregated stale longs are trapped between 33.61- 36.10, strong #resistance is noted at 36.54- 39.48. A close above the pivot 19.55 will then target .....

SAVE 2/4
..... the #Fib. 0.236 and synthetic resistance at 25.50- 26.12 respectively. To the downside, a loss of balance at 14.74 should target the 2011 pivot at 12.08, below synthetic #support at 8.54. Farther down the 2011 #trendline at 7.03 with another balance point at 3.91.

SAVE 3/4
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