Volatile weak for $JBLU with some wild swings, not unsurprising considering what happened with Alaskan Air last weekend.
Still managing to keep its structure and has been consolidating sideways which is common in Wave 4 too.
Price is still above the 0.5 Fib and the 50 Day MA so this can still move higher to our Wave 5 target as long as it stays above the 50 Day...any breakdown here and this can come down to the Second Target again at $3.38
Gareth Neary
2024-01-12 06:23:10 +0000 UTCJoe
2024-01-12 06:17:06 +0000 UTCksims2
2024-01-11 22:39:10 +0000 UTC