Shares of Southwest Airlines have crossed bullishly above their 10-day moving average of $13.53 on volume of 1 million shares.
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This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term.
SmarTrend issued an Uptrend Alert for Southwest Airlines on November 16, 2009 at $9.38. In approximately 5 months, Southwest Airlines has returned 45.4% as of today’s recent price of $13.64.
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