JetBlue Airways Corp. (NASDAQ: NASDAQ:JBLU ) is facing a challenging moment as its stock plummeted over 21% in Monday’s intraday trading, with further declines into Tuesday premarket. The dramatic drop comes in the wake of the company’s announcement to raise over $3 billion in debt and a series of credit downgrades from major rating agencies. Debt Financing and...
JetBlue Airways ( NASDAQ:JBLU ) has revised its annual revenue forecast downwards, in light of its lackluster first-quarter revenue results. The company has attributed its disappointing revenue performance to an overabundance of capacity in the Latin American market, which has resulted in a more than 16% decline in its premarket stock value. JetBlue ( NASDAQ:JBLU...
JetBlue's $3.8 billion buyout of Spirit Airlines was blocked by a judge, citing a threat to competition! After the news, SAVE went down, while JBLU surged from $4.54 to $5.45! However, today it continued the 6 month downtrend and closed at $4.68. This might seem like business as usual on Wall Street, except for the presence of some aggressive blocks of calls...
JBLU has formed a double bottom pattern on the weekly chart. This pattern is formed when price falls to a support level twice, but is unable to break through. The second bottom is typically higher than the first, indicating that buyers are becoming more aggressive. A close below 3.40 on a weekly basis would be a stop-out for this pattern, as it would indicate...
Gaps closed on the Daily Chart: This is purely a Weekly Trade on JBLU for a close above 11.82 by end of the week. If using Options you can extend the expiration date out, use vertical spreads, etc. Trade Small and average in, as applicable to your trading plan. Our back testing has a 5 out of 6 rating; therefore, 83% historical probability of closing above this...
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the...
As far as I'm concerned, a massive gain is coming on this stock. Absolutely, this is the best time to enter JBLU!
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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...
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...
There's been a lot of accumulation in this name. The trend still respecting March lows, looks ready in the short-term to test out of this tight range.
JetBlue Airways (JBLU) will report earnings on July 28, 2020. The chart above consists of JBLU performance vs benchmarks, fundamental analysis, and earnings estimates for Q2, 2020.
BUY AND SELL ZONES Here are some plays guys. Good Luck!! Bout to average them out. See you guys on the other side!
I like to use JETS to trade any of the airline stocks( DAL , UAL , AAL , LUV , JBLU , SAVE . It seems the overall market could just pull back a little and continue on with the short squeeze, so if the last gap up pattern plays out again, I'll be entering positions in a few airline stocks when JETS traces back to bottom of the gap up candle.
Looks like a descending triangle forming or at the least, a symmetrical triangle. If Descending Triangle: - There will be rapid price drop. If Symmetrical: - In a vacuum, the price would experience a significant movement (up OR down). All things considered, it'll be interesting to see how fast this pops (implodes). I entered a straddle play at $8 Jun 19. Now...
JetBlue 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
The 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...