#JetBlue #JBLU $JBLUBUY AND SELL ZONES
Here are some plays guys.
Good Luck!! Bout to average them out. See you guys on the other side!
JBLU
JBLU : Symmetrical Triangle - Target $17.50JBLU : The Symmetrical Triangle pattern has been confirmed here .
Buy : $12.50 or $13
Target : $17.50
Stop loss : $12
Wish you good deals!
American Airlines AAL ready to bounce yet?I've never traded airline stocks. I like AAL here though-seeing a potential broadening formation. I might consider a small position and set a target for that unfilled gap. Longer term, airline stocks appear cheap right now although I'm not ready to turn bullish on them yet. I'm just not that familiar with them.. but this looks like it has good potential.
JetBlue IdeaThe current fair value of the stock based on Buffets equation is just over $40 meaning there is a lot of room for the stock price to grow. Earnings was stong and price tested the new resistance of $20 and looks to be testing to make new highs currently. Looking for potential pullback or rejection of next level to enter in on a lower price.
$JBLU Offers Big Relative Strength Airline Breakout OppJBLU bucking airline weakness with major base breakout from a 'sort-of' cup-w-handle pattern, as ichiroku cloud signals "buy the dip".
JBLU Broke out Into The Buy ZoneJetBlue Airways broke out into the buy zone after forming a double bottom and holding on the up trend line, this is a very good looking setup to me,
what you think.
- Bounce on Trend Line
- Double Bottom
- Breakout To The Buy Zone
JetBlue BreakdownThe daily chart of JetBlue created a cup & handle type pattern but the price has broken down today out of the symmetrical triangle pattern it had created in recent days. The price has come close to touching my initial price target before finding some buyers again.
Note that the initial price target is near the 200-day EMA line as well, an important level for this stock to hold. There is not a lot of volume supporting the price before reaching the $17.30 price range should the price break its 200-day EMA.
JBLU - DAILY CHARTHi, today we are going to talk about the Jetblue Airways and its current landscape.
With more than 400 planes grounded, 737 Max crisis is still backlashing Boeing Co., and now the Boeing problem could become the industry "problem" as the Federal Aviation Administration (FAA), may fundamentally change the certification process of aircraft, by prioritizing the human factor in the proceeding. The FAA wants to appraise how quickly airline pilots can react to emergency situations and possibly evaluating how the design o planes make it easier or harder for the pilot's reaction. The proposals need to be the debated of Congress, that has been criticizing the FAA administrator Stephen Dickson over its close relationship with the industry, Dickson it's a former employee of Delta Air Lines.
The effects of the 737 problems, combined with the slowing down economy entails strong headwinds for the whole industry, plus this new regulatory change, companies could see a shrinking of its orders, and more costs to have products in-line with the new possible FAA framework. The positive highlight of the day for the sector goes to the orders coming from several airlines, like Emirates that ordered 50 Airbus A350 jets in a deal worthing $16 billion; Air Arabia ordered 120 Airbus A320s in a $14 billion deal, and Etihad will take 20 Boeing Co. 787 Dreamliners.
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Reverse Head and Shoulders Patter March-Present $JBLUReverse Head and Shoulders forming from March 2019 - Present (April 10th 2019). With good news coming from $JBLU related to their travel expansion, I see this stock going way up !
JBLU: Swing trade opportunityBuy here, risk 1-3 Average True Ranges down, to ride it back up to the recent top or into resistance. Watch the 'key earnings levels' for a support/resistance map in price. You can get this indicator in @timwest's indicator pack. Really useful to navigate through the chop.
With oil so extended, airlines oversold into support, we have a nice low risk setup. I'm loading up here.
Cheers,
Ivan Labrie.
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.
Long JBLU Swing TradeEntered a long position JBLU today.
I see positive money flow in RSI and MACD, creating a Bullish Divergence. Price also has plenty of support.
Share your opinion, comments and questions. Good Luck!
Risk Level: Moderate.
I will keep updating my position.
JBLU - Wait to Long JBLUJBLU just breaks its $19 support, and also the multi-years upward trend.
With no major news recently, the recent downward trend is driven by fear of poor travel activities after Harvey and Irma.
Recent drop is a good opportunity to initiate a position. However, it is good to wait for the drop is stable down and after the impact of Irma is uncovered, which is going to be the next couple trading sessions.
JBLU Long channel for next earnings.I am long on JBLU because of the news of great growth, expansion, and a nice earnings beat. I expect the price to be up at least a dollar or two over the next quarter.
JBLU Bearish Daytrade Played the Gap Bearish. The point of the idea post is to show the succession of Stop placement as the trade moved in my direction. The dotted line is the 200 EMA on the daily chart which is why the stop movements happened more frequently as the trade got closer to that price point.
Trade was setup on the 1 minute chart and then followed on the 5 minute chart. Was stopped out of trade near the end of the day at about 1.5R
JBLU- one of few promising trading opportunities in this marketJBLU- 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.
