$JBLU - WATCHLIST -
Added 2023-07-25 19:41:59 +0000 UTCJetblue is one of my favourite airlines in the US, we have a codeshare agreement with them with my airline and I know how good they are and their expansion plans.
So I think there is an opportunity here for people who have missed out on $DALs run.
We can see that the price action is pulling back after breaking out of the long downward channel, the price is just at the 50 Day MA and the 200 Day MA is just below too, exactly at the 0.618 Fib.
These are both good signs and more importantly, on the outside of the channel too.
I can see three waves pulled back now so this is in a good position to move to the upside next.
Holding on the outside of the yellow trendline is crucial, finding support here is a buy signal.
I think the future is very bright for $JBLU and this would be a good addition.
Comments
Good afternoon, would it be possible to review your position to Jet Blue as the price fell significantly and Is in area of beer case? Whether to get rid od Stock to avoid further losses or make DCA if still worthy under current or expected conditions on the market a also Fuel prices increase? Thank you very much. Michal
Michal Jenčík
2023-09-13 13:49:29 +0000 UTC
