murphycharts

Contrarian Airliners Trade

AMEX:JETS   U.S. Global Jets ETF
While I would always advise to never buy stocks reading 20 on the 14-period daily RSI - I think this ETF is screaming contrarian to the coronavirus concerns. A lot of these airliner names are trading below their intrinsic value from a PV of future cash flow basis. Something to think about.

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