$JBLU - WATCHLIST -
Added 2024-06-30 02:00:35 +0000 UTC$JBLU is on the watchlist
Pull back in May held exactly on the 0.618 Fib, Standard for Wave 2
3 waves were identified in the pull back = Standard for Wave 2 and 4
Price is now back above its 50 and 200 Day MA
Testing an important support/resistance line at $6.10 now.
A flip of this line to support and we could be into Wave 3 next, with the previous high the next short term target.
Remember, Icahn has started an activist position, he wants changes and results, he knows this sector very well too, he can help $JBLU return to higher levels I believe.
Comments
I looked up Ichan, he effed up TWA pretty bad. Not sure if he is still on the board or not, I hope not.
Brian
2024-07-12 01:55:21 +0000 UTCWhat is the EW after a abc correction?
Brian
2024-07-11 19:51:11 +0000 UTCSpirit deal crippled them and margins did not improve post Covid, unlike the larger carriers but their brand and expansion plans are strong, I fly with them regularly too and they are competitive with a higher standard.
Gareth Neary
2024-06-30 02:07:54 +0000 UTCWhy is JBLU’s stock price so low? I was so surprised to see that, I love flying JetBlue domestically.
Fred Robinson
2024-06-30 02:04:35 +0000 UTC
