LUV Southwest Airlines’ Double Since Last Valentine’s Day

A year ago, our Chart Of The Day was Southwest Airlines, in honor of Valentine’s Day (you know, because of the ticker, LUV). Our angle was a positive one, noting that the stock was digesting the recent breakout nicely around $21. We went on to say that a “break above current range projects to 23.3, right at the ‘01 high.” Above that, we suggested it was “blue skies” for the stock. Uh, perhaps we should have said “black skies”, considering the stock has basically entered the exosphere over the past 12 months. As of the moment, the stock is up 102% from Valentine’s Day of last year. Gotta LUV that.

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