ktgordon.ho
Long

JBLU - Wait to Long JBLU

NASDAQ:JBLU   JETBLUE AIRWAYS CORPORATION
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JBLU just breaks its $19 support, and also the multi-years upward trend.
With no major news recently, the recent downward trend is driven by fear of poor travel activities after Harvey and Irma.
Recent drop is a good opportunity to initiate a position. However, it is good to wait for the drop is stable down and after the impact of Irma is uncovered, which is going to be the next couple trading sessions.

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