Looks like a break out is imminent. Also, as the stock is boring for quite some time, I tend to believe that it has more chances for going up than going down!
JBLU- JetBlue is one of the few trading opportunities I see these days. The downtrend seems to be broken and there are two gaps. Today's gap looks good too.
Shake Shack $SHAK seems to have an interesting pattern. It has broken up the trend line. It went above 40 and has come back to rest on the same line from above. I am buying around $35 with a $2 risk. Chances are it will be a higher top, probably around $45!
An interesting pattern. After a nice $5 pop (JUMP START as per ProfitFromPrices, it has absorbed new selling and profit taking. I think this is a great trading opportunity with a $2 risk!
I think today is a perfect day to take some long positions in airline stocks. Today's pattern has a higher bottom and a nice RESTART signal! I am thinking to go long with a stoploss at today's low of $34!
