US Airways Group, Inc., through its subsidiaries, provides air
transportation for passengers and cargo. It offers scheduled passenger
service on approximately 3,100 flights daily to 200 communities in the
United States, Canada, Mexico, Europe, the Middle East, the Caribbean,
and Central and South America; and hourly shuttle service between
Boston, LaGuardia, and Washington National. The company operates hubs in
Charlotte, Philadelphia, and Phoenix; and a focus city in Washington,
D.C. at Ronald Reagan Washington National Airport. As of December 31,
2011, it operated 340 mainline jets supported by its regional airline
subsidiaries and affiliates operating as US Airways Express, which
operated 233 regional jets and 50 turboprops. US Airways Group, Inc. was
founded in 1981 and is headquartered in Tempe, Arizona.
To review US Airways's stock for potential trading opportunities, please take a look at the 1-year chart of LCC (US Airways Group, Inc.) below with my added notations:
To review US Airways's stock for potential trading opportunities, please take a look at the 1-year chart of LCC (US Airways Group, Inc.) below with my added notations:
LCC caught my attention due to the one basic price level at $10 (navy). Not only is the $10 resistance clearly visible from February thru April, but $10 has also been a strong area of support since the beginning of May as well. So, the $10 price level is key to this stock. All tests of LCC's $10 support have gained at least a 10-20% run up
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