Jet Blue moving well today on the strength of Alaska paying well over the current value of Hawaiian Airlines.....the market is speculating now that Jetblue could be the target for other carriers if there is more consolidation and I think the Big 3 would be absolutely foolish not to be considering $JBLU at this level, especially $DAL and $AAL with a strong presence with $JBLU in JFK airport.....the only thing that should be getting in their way would be the competition authority.
$JBLU is looking strong and healthy here and has burst through the First Target resistance level here and looks set to keep moving up to the top blue line again at $6.16, a retest of the First Target again at $4.60 and holding here would be a buy signal to catch the next move up.