$JBLU
Added 2023-10-02 09:30:41 +0000 UTC$JBLU has gone straight to the First Target after losing the Bear Case support line at $6.16.
It has been getting killed and for reasons that are not very clear....as fundamentally, it is not in a difficult position.
The Spirit takeover is the only logical explanation and the market truly has not liked it.
The First Target is a potential support line, let's see if it can find its feet and bounce from here and slowly drift back up to above $6 again.
