Southwest Airlines stock price recently bounced off its 50-day moving average at $29.40, a level many chartists see as technical support. Strong TSA checkpoint data indicates record summer bookings, suggesting near-term bullish momentum in the travel sector. Entergy (ETR) is up more than +1% after Scotiabank upgraded the stock to sector outperform from sector perform with a price target of $105. For many investors, the conversation about which airline stock to buy begins and ends with Delta Air Lines Inc. NYSE: DAL . The company hasn’t been immune to the macroeconomic themes impacting the entire sector, but the airline continues to deliver “better-than-feared" earnings that the company says are supported by solid corporate bookings and high-yield leisure travel . Southwest Airlines stock price has maintained a tight trading band around $30.30 for the past week. This consolidation phase is viewed by traders as a potential setup for volatility spikes tied to macroeconomic updates.
