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hmmmmm !.....My how that rumour and the chart seem "in synch" ! . . . .
https://www.google.ca/search?source=hp&ei=HlN6XNjSHNLb-gS1yafIDA&q=warren+buffett+buying+southwest+airlines&oq=warren+buffet+south&gs_l=psy-ab.1.5.0i10l4j0i22i30j0i22i10i30l5.1101.7790..12899...0.0..0.165.1562.18j2......0....1..gws-wiz.....0..35i39j0j0i131j0i3.ZHutLvYRIgw
So will Warren Buffet buy Southwest ?.....
The chart's screaming.......Yes !.......No, wait ! - No !
The chart's screaming NO !......He will NOT buy Southwest !......
Like, maybe at $40 bucks ; THAT'S where he'll buy it.......(the company "looks" too expensive right now !)
LoL !
Hey wild call there but boy ! - You got it right !
Was it perhaps a gut-feeling or - Could it have been based on long term charts ?
7 months later - That up-sloping trend-line :
There (and below) are Fridays' 57 upgap/selloff......within the grand scheme of things !
I guess that's looking (to me) like - confirmation of more downside (a re-visiting of the 45)
Because of the 2 red oval gaps thru the Trend-line !
No $LUV For This Stock, Watch This Trade Level
Today, leading airline stock, Southwest Airlines Co (NYSE:LUV), is falling lower by $3.09 to $54.58 a share. The decline comes as Southwest gets a downgrade to sell by Goldman Sachs. The company is also facing a series of negative reports regarding a bunch of issues. The stock is now testing its 200-day moving average, a close below this important moving average would likely signal more downside in the near term. The next major price level that looks solid for support would be around the $48.00 level. This is where the stock broke out of a daily chart base in mid-January. It was also an area that was defended in October 2018, so it has shown institutional sponsorship in that area before and will likely again if tested.
Nick Santiago
InTheMoneyStocks
Here's a chart for optimists....
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11 months later :
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Southwest Airlines Co(NYSE:LUV) Is Now On The Radar
Yesterday, I talked about how all of the major airline stocks have been under pressure since early July. This industry group has been steadily declining over the past eight weeks. The sector is now getting very oversold, but that does not mean that these stocks will not trade lower in the near term. Many of these stocks in the group are now approaching very attractive trade levels.
Southwest Airlines Co(NYSE:LUV) is a stock that is now on my radar. This stock topped out on July 7th at $64.39 a share. Today, LUV stock is trading as low as $51.65 a share, so you can see how much this stock has sold off already. I will now be watching the $48.75 area as the next major support spot on the chart. This was a level that was tested in late January 2017 and should serve as major support when retested.
Nicholas Santiago
InTheMoneyStocks
My Tgts $80-120..LTP 53...Lovers of Luv 
Morgan Stanley upgraded Southwest to Overweight. EBITDA mults trading at discount vs peers: UAL DAL ALK
EBITDA Multiples Analysis
LUV bullish 38.32
bullish divergence
at well defined support
macd crossing up over 0
good reward to risk place to buy
'golden cross' moving average pattern
http://www.southwest.com/
normal chart
log chart
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In its 44th year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by nearly 46,000 Employees to more than 100 million Customers annually. Southwest and wholly owned subsidiary AirTran Airways operate more than 3,400 flights a day, serving 93 destinations across the United States and five additional countries. Subject to government approvals, service to San Jose, Costa Rica, begins in March 2015; service to Puerto Vallarta, Mexico, begins in June 2015; and service to Belize City begins in October 2015. Southwest acquired AirTran Airways in May 2011 and by the end of 2014 intends to complete the full integration of the AirTran network into Southwest.
Based on the U.S. Department of Transportation’s most recent data, Southwest Airlines is the nation's largest carrier in terms of originating domestic passengers boarded. The Company operates the largest fleet of Boeing aircraft in the world, a majority of which is equipped with satellite-based WiFi providing gate to gate connectivity while over the United States. That connectivity enables Customers to use their personal devices to access streaming music provided by Beats Music, or to view video on-demand movies and television shows, as well as nearly 20 channels of free, live TV compliments of DISH. Southwest is the only major U.S. airline to offer Bags Fly Free® (first and second checked pieces of luggage, size and weight limits apply), and there are never change fees, although fare differences might apply. In September 2014, the airline proudly unveiled Heart, a new aircraft livery, airport experience, and logo, showcasing the dedication of Southwest Employees to connect Customers with what’s important in their lives. Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.
Southwest is committed to return value to its Shareholders. Since August 2011, Southwest has returned over $2 billion to Shareholders through share repurchases and dividends. For the nine months ended September 30, 2014, Southwest returned nearly $900 million to Shareholders through $755 million in share repurchases, and the distribution of $138 million in dividends. LUV is Southwest’s stock exchange symbol, selected to represent its home at Dallas Love Field, as well as the theme of Southwest’s Stakeholder relationships.
From its first flights on June 18, 1971, Southwest Airlines launched an era of unprecedented affordability in air travel described by the U.S. Department of Transportation as "The Southwest Effect," a lowering of fares and increase in passenger traffic wherever the carrier serves. With 41 consecutive years of profitability, Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier's performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. The 2013 Southwest Airlines One Report™ can be found at Southwest.com/citizenship.
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