SamSuka
The Long Investor
The Long Investor

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$JBLU - RC -

Is in a bad way right now, after losing a crucial support line on the blue line, it has been incredibly week and is deep into the channel now again, after breaking out of it in June.

The next support levels are not rosey either, First Target is at $4.55 and the Second Target is all the way down at $3.

We can see now that the 50 Day MA has also crossed down through the 200 Day MA too.

Airline stocks are taking a big hit today too and for some reason, $JBLU appears to be reacting the worst, along with $AAL.

Support is certainly needed here soon.

$JBLU - RC -

Comments

These are RC - requested charts. Please review the pinned message to understand what we do here

Gareth Neary

Please stop with these companies that are in multi decade bear markets like jblu and wba which has been in a bear since 2015, these are horribly run companies

ALG

Mucho pain

Pat K

LUV is also in pain,

Steven D


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