Possible bull flag formation on JBLU. Been holding the gap around $8.70 very well. Ichimoku still looks bullish
Are the doom and glooms still arguing that the world economy isnt improving. $DAL $LCC Well if the transports are suppose to lead the rally in a bull market. Take a look at all the airlines breaking out to new highs! Support is around $7.76 for JBLU.
A visual showing the differences between three different Moving Averages.
There is a good support at 6.14 and the 200 day MA has moved up to hold the line as well. I would be bullish if it closes at 6.40 or higher and bearish if this support fails. HAPPY TRADING!!!
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Breaking News. I am quickly getting the chart out, but will craft on the fifteen with all my indicators and updates.
potential h&S would see blue parallel as tgt
CHANNEL UP TRIANGLE NEEDS RESISTANCE B/O FOR UPPER TGT C&H , HANDLE ON POTENTIAL RSI +DIV CONFIRMATION