Allegiant Air is an American low-cost airline that operates scheduled and charter flights owned by Allegiant Travel Company (NASDAQ: ALGT) . The Company offers low-cost passenger air travel to residents of small, under-served cities in the U.S. and last year is started flying to Newark Airport. On January, the airline announced 17 new routes that will begin service by end of May 2017, which further increases the company’s growth potential for the new year . So let’s take a look at the technical picture of its stock to see if is it supporting an increase in profits . Thanks
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