Highlighting $LUV's Key Pivot Level

14 Des 2023

Fundamentals Analysis
1. LUV announced a quarterly dividend of $0.18 per share, payable on January 6, 2024, to shareholders of record on December 20, 2023.

2. LUV faced a regulatory action from the Federal Aviation Administration (FAA), which proposed requiring Boeing 737 operators to replace certain fan blades after a fatal incident involving a Southwest flight in 2018.

Technical Analysis
LUV 50-day Moving Average is trading below the 200-day Moving Average of the stock indicating a Bearish Trend.

Despite the current trend, LUV's showing signs of a Retest at the 2nd Pivot Level.