Sagar
May airlines be affected by the novel coronavirus worry?

$LUV
 
It is at (1) Memory resistance and (2, 3) two Watermark pivot resistance. (4) Today it displayed a Bear Release signal.
 
The stop is narrow.
 
5) The stock is fundamentally overvalued, and (6) has negative earnings growth.

There may be a chance to take a low-risk bearish trade.

l 1 2020-02-13_10-30-54.jpg  l 2 2020-02-13_10-35-59.jpg 
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