4JAM trade ideas
JBLU SELL SHORT, ATTACK ON OPTIONS SELL I will be shorting JBLU, look for the stock to come back down to it OCT Low of $15.50-$15.80. A great trade to execute and one that I will do myself is to sell JBLU www.nasdaq.com I do think that the implied and given volume on the December 14 put is excessive, the market is showing Bearish. A great trade will be Decmber 14 put. Another great trade for less than $70.00 on 1 block of options with a delta .10, this is a good beginner option trade that can give you 15% return with what I believe as low risk.
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.
Ready to take off?refueled with the tax cut and using the money for share buy backs, is it ready to take off? possible pitch stop at 25 on route
JBLU - Wait to Long JBLUJBLU just breaks its $19 support, and also the multi-years upward trend.
With no major news recently, the recent downward trend is driven by fear of poor travel activities after Harvey and Irma.
Recent drop is a good opportunity to initiate a position. However, it is good to wait for the drop is stable down and after the impact of Irma is uncovered, which is going to be the next couple trading sessions.
JBLU - Setting up to break out$Nice Cup & Handle Pattern has developed throughout the last year. Earnings should get this going at the latest and if beaten push it through $24.
Target is 28.-ish. S/L below $22.-
JBLU - 2 Ways to Play a LongLong term inflection point is in play. I mean to the beginning days of the stock (not shown).
Can JBLU Breakout?Watching JBLU for a breakout above 23.15 on heavy volume. Entry will be at 23.20 with a potential upside of 5-10%.
Happy Trading!
JBLU
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.
long I like this stock and this is why:
Very long and strong support line.
The stock bouced at it today.
The candle was very strong , opened at his low and close at his high so that shows the strength of the nulls.
After three down days, we are starting to see that bears start to loose control and the bulls are coming in so i think we will see a reversal on the upside because of these reasons.
There is also the MA10 who acted as a support so that brings more srenght for a reversal.
Jetblue, interesting structure By Joseph Merino:
I think the price is in a critical area, where previously the area has been a support and also a resistance to the price, points: (A C D G I L), if the price falls by the area 19.21 - 18.39, I think a Logical objective would be to go for the target zone 1 indicated in the chart, since the price would fall of a significant support and also lose the Active Bullish trend line indicated in the chart, points: (H J F L)
As for Target zone 2:
I think there is a possibility that the price will find a support in the critical area, then go up to the Zone Target Zone 2, to open long positions from the current level I need the price does not penetrate below the critical area, in addition to The Active Bullish trend line, and would also expect it to break the bearish trend line ( K M) to be more certain that the impulse is bullish.
what do you think?
Long $JBLU, two good support point + bounce on 200 MA, T 22.75$Long $JBLU, two good support point + bounce on 200 MA, T 22.75$
