JBLU Approaching Resistance, Potential Reversal!
JBLU is approaching its resistance at 18.59 (100% Fibonacci extension x2, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop to its support at 17.47 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.