JBLU trade ideas
Jet blue airlines recommendation of the dayThe 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 stock price is on a ascending channel and it did hit a pandemic high of 21.xx dollars
Target price 1 : 21.65 dollars
target price 2 : 23.61 dollars
NEW POSITION $JBLU Target 22.55 for 18.37% $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 am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Cup and HandleJBLU 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 by taking the depth of the cup and applying fib levels to long entry level. I use 38 (.382) percent, 62 (.681) and 79 percent (.782). You can multiply the depth by these fib levels or these percentages. There are different ways to do this, and you can also add a fib table to the top of the cup.
Not a recommendation.
JetBlue To Retest 5 Year HighAs 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 resistance heading back down to $15 range
JBLU$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
$JBLU Daily Short setupThere'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.
downtrendsome 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 !
JetBlu. This one is going to SURVIVE!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.
ABC Bullish Symmetrical TriangleNo rising wedges noted
Monthly and weekly candles look good
Not a recommendation
JetBlue Airways (JBLU) Earnings Estimates Q2, 2020.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.
JBLU DOUBLE BOTTOM back to 15idk who is buying this fucking stock but yeah buy it up now i guess. Double bottom looking like it's forming
JBLU BUY OR LONG TARGET UP TO $17.5JBLU has completed the back test of symmetrical triangle pattern , now with Fed support it will continue to go to the target !
JBLU BUY : $12 +- 0.2
TARGET 1 : $15.5
TARGET 2 : $17.5
STOP LOSS : $11
Wish you a successful trading!
#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 : 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!
Jet Blue (JBLU): Drastic price movement imminent?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 watch it go sideways instead LOL.
Let me know what you think of this idea.
