Jun. 26 at 8:35 PM
$ULCC Target Zones
Zone Price Range Action
🔹 Accumulation
$3.00–
$3.40 Good for building/averaging (already done)
🟨 Resistance
$4.10–
$4.40 First real supply zone —
🟧 Mid Recovery
$5.00–
$5.50 Strong move zone —
🟩 Target
$6.00+ Full recovery zone
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📊 Probability of Recovery
⚖️ Odds of ULCC hitting
$8 by year-end (if no market crash):
Base case: 50% chance — if fuel costs stay tame, and earnings/margins improve
Bull case: 70% chance — if market stays hot, and travel demand ramps even more
Bear case: 25% chance — if we get hit with recession/trade shock Q3–Q4