JetBlue Airways ( NASDAQ:JBLU ) has revised its annual revenue forecast downwards, in light of its lackluster first-quarter revenue results. The company has attributed its disappointing revenue performance to an overabundance of capacity in the Latin American market, which has resulted in a more than 16% decline in its premarket stock value. JetBlue ( NASDAQ:JBLU...
AAL is on a 30 minute chart. It had a big downtrend for the first week of the month and then consolidated in a tight range and then a retracment trend up. Price has reached the top of the high volume area of the volme profile. It is near to the standard Fibonacci retracement zone tooled onto the chart. This zone from above rejected price on March 7 and...
Renowned activist investor Carl Icahn has shaken up the airline industry with his recent acquisition of a substantial stake in JetBlue Airways ( NASDAQ:JBLU ). The ripple effect of this acquisition has sent shockwaves through the market, propelling JetBlue's stock ( NASDAQ:JBLU ) price to new heights and igniting a flurry of speculation and analysis. With a...
SAVE on the 50-minute chart reversed a trend down that started on January 23 which was a continuation of a previous downtrend which corrected. SAVE is in critical condition. There is a merger with JBLU which has been successfully challenged in court. The two airlines have a narrow window in which to file a notice of appeal after which briefing and oral...
JetBlue's $3.8 billion buyout of Spirit Airlines was blocked by a judge, citing a threat to competition! After the news, SAVE went down, while JBLU surged from $4.54 to $5.45! However, today it continued the 6 month downtrend and closed at $4.68. This might seem like business as usual on Wall Street, except for the presence of some aggressive blocks of calls...
JBLU has formed a double bottom pattern on the weekly chart. This pattern is formed when price falls to a support level twice, but is unable to break through. The second bottom is typically higher than the first, indicating that buyers are becoming more aggressive. A close below 3.40 on a weekly basis would be a stop-out for this pattern, as it would indicate...
JBLU has gotten way ahead of itself and is now finding resistance. Airlines need at least another year to recover with much more debt that will put pressure on earnings. Putting people back in airline seats is one thing getting them to pay up for that seat is another.
This NASDAQ:JBLU pitchfork chart looks to be playing out well. After breaking our of a large base in the 6s Jet Blue has its eyes on higher prices.
Since the beginning of the new year, airline stocks have performed exceptionally well despite the very chaotic condition of the US airspace and travel market. Here is the year-to-date performance of a few well-known airline stocks, along with the Boeing stock and the U.S. Global Jets ETF: ● U.S. Global Jets ETF (JETS): +18.56% ● United Airlines (UAL): +37.53%....
Monthly timeframe displaying bull and bear cycles This current bull cycle could lead to fast extended gains if the assumption that the small price range has a bullish "squeezing" effect on price. A head and shoulders pattern is within this small range
When will jet fuel stop making all time highs? I think this speaks volumes about the continued pace of inflation combined with a post-2020 "get me outta here and fly me somewhere" mentality, in addition to other factors. So now people want to fly after not flying for a few years. Why do we have to pay mafia level prices now? I guess now it's time for the...
Gaps closed on the Daily Chart: This is purely a Weekly Trade on JBLU for a close above 11.82 by end of the week. If using Options you can extend the expiration date out, use vertical spreads, etc. Trade Small and average in, as applicable to your trading plan. Our back testing has a 5 out of 6 rating; therefore, 83% historical probability of closing above this...
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question.
More debt - lower airfare prices - lower load factor- higher Jet fuel costs is a recipe for disaster. Factor in high unit labor costs thx to 6.8% Inflation, higher interest rates. and the situation even gets worse. Even if Airfare prices rose to 2019 levels. A perfect example of what a Zombie company is. Seeking to stay afloat and pay down debt rather than grow...
As far as I'm concerned, a massive gain is coming on this stock. Absolutely, this is the best time to enter JBLU!
Recognizing multiple Technical confluences for a potential move long on JBLU 1. We see price following the trend that existed prior to Covid 2. The 100 EMA has dipped below the 200 EMA (sign price may be reversing current trend.) 3. Price has entered a significant Demand Zone 4. Price is respecting the trend lines since the Covid dip 5. The RSI is displaying...