$save A risky but maybe worthwhile trade in Spirit Airways.
It is for sure not everyone's favorite Airline or stock but we are taking a long entry into the stock into earnings . We think the stock has completed a correction and is in wave 3 of a impulse wave up. Analysts have set quite high price targets for the stock with $72 as the average giving considerable upside from the current price. Indicators are all looking positive and the airlines stocks have had some nice earnings surprises this quarter.