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...
JBLU Current Price $17.10 Price Target $22
$17C 7/16 ($52,2% till breakeven)
My thesis for JBLU is similar to BA the numbers from travel this weekend are going to give a bump to the entire travel sector. The airliners JBLU especially is down from its 52-week highs and could see a move up on the backs of strong travel data. Savings rates are still very high, the...
JBLU has been teetering for a while. The cup covers close to a year of price and is more wide than deep.
Possible stop under handle low (not far below current price) Mid cup is 14.25.
Cup and handle patterns were recognized first by William O'Neil is the 80s. Cup and handles are continuation patterns and usually develop in a bullish trend. The cup is formed...
The leisure airline company is a hot stock with a price as little as 19.xx dollars and a potential growth after the imminent opening of the borders on july
It is expected that leisure flying will boost airlines comapnies income after the pandemic phase and Jet blue operates flights to the places that you can expect to be full this summer.
As shown on the chart the...
$JBLU Target 22.55 for 18.37%
Or next add level is at 15.55
I'm looking at Airlines and Cruise Ships around here...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I...
JBLU made it to 21.73, and price popped out of the upper bollinger band. This shows momentum but price is usually drawn back in to the bands.
Long entry level is an at or above level and hopefully is over immediate resistance. Long entry level can be subjective.
There is support at handle low and at mid cup level.
Cup depth is 15.04. Targets are calculated...
As you can tell by this monthly chart. JetBlue is absolutely primed to makr the next run up and break through the 5 yr down trend that has plagued the firm. With covid restricting travel, as restrictions ease up people will only fly more, and after not being able to for a while, they will flock in large numbers. MaCD bullish cross. If we do not break the 5 yr...
$JBLU upgrade to buy with PT $21. We missed this play off support, if tomorrow has similar action as today then a very small day/swing play opp here, but I think the better play is entering a position if it dips back down to ~ $16.27 support
some as the one before, its been heading lower for couple years but theres still upside potential. if long here use a tight stop with a target around 18 :) gl !
Lynch would say that you should invest in what you understand. We love JetBlu. They are aggressively expanding their routes as the pandemic churns on. Forward thinking. Well loved airline. About to cross a significant MA. This one is going to keep moving up.
