Southwest Breaks Out Again

Southwest will benefit from lower oil prices and the continued recovery of the american economy. It is well managed with a good balance sheet and expanding with the integration of AirTran. Conviction buy for growth at a reasonable price. Technically speaking it has made a strong recovery from the recent turmoil and still shows strong momentum. My stop is placed at the SuperTrend point just under $30, if you prefer a tighter stop then $33. I don't like to set price targets but I will update this pick when I sell.