JetBlue Airways (JBLU) Trade Plan
Ticker: JBLU
Exchange: NASDAQ
Current Price: ~$4.72
Chart Timeframe: 1D (Daily)
Upcoming Catalyst: Earnings – October 28, 2025
Resistance Zones:
$5.55 – Strong resistance from past highs.
$5.07 – Near-term resistance where price has repeatedly rejected.
Support Zones:
$4.50 – 4.40 – Strong demand zone; price has bounced here multiple times.
$3.84 – Secondary support.
$3.34 – Deeper downside target if support fails.
Things to Note
Earnings (10/28): Expect volatility. Results could push price sharply in either direction.
Government Shutdown Risk: Could negatively affect airline earnings (lower travel demand, higher costs).
Slow Burn Trade: This is not a quick scalp! it may take days or 2-3 weeks to play out. Choose an expiration with enough time (e.g., 2–4 weeks or more).
Options Liquidity: Always check bid/ask spreads. Look for tight spreads (difference less than $0.05 ideally).
Contracts: More contracts can help average out price moves if liquidity allows.
The more contracts the better. The more time on your expiration, the better.
Ticker: JBLU
Exchange: NASDAQ
Current Price: ~$4.72
Chart Timeframe: 1D (Daily)
Upcoming Catalyst: Earnings – October 28, 2025
Resistance Zones:
$5.55 – Strong resistance from past highs.
$5.07 – Near-term resistance where price has repeatedly rejected.
Support Zones:
$4.50 – 4.40 – Strong demand zone; price has bounced here multiple times.
$3.84 – Secondary support.
$3.34 – Deeper downside target if support fails.
Things to Note
Earnings (10/28): Expect volatility. Results could push price sharply in either direction.
Government Shutdown Risk: Could negatively affect airline earnings (lower travel demand, higher costs).
Slow Burn Trade: This is not a quick scalp! it may take days or 2-3 weeks to play out. Choose an expiration with enough time (e.g., 2–4 weeks or more).
Options Liquidity: Always check bid/ask spreads. Look for tight spreads (difference less than $0.05 ideally).
Contracts: More contracts can help average out price moves if liquidity allows.
The more contracts the better. The more time on your expiration, the better.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.