JETS, a travel ETF rising summer travel season approaches LONG
JETS on the reliable daily chart is in trend up since last fall which followed a trend down
during the spring and summer. Travel stocks are booming here and there including TCOM
(Trips.com) in China. The airlines have high volumes and are competing on price and perks.
So are the cruise lines. This ETF is a way to capture some profit from the trends. If has lower
risk but also lower reward than an individual stock JETS is upside range bound by the
second upper VWAP line above it. The predictive algorithm of Luxalgo forecasts a rise
to about 22 before that VWAP line rejects price into a reversal. I am shorts JETS while also
shorting NCLH and going long on AAL. I expect to profit and use funds for some more
frequent travel. The karma in the whole thing is that it is a closed circle. Watch travel
companies including booking agents, spent money traveling get insights and then deploy
capital to work those markets for profit returns to recycle the funds into more travel.
during the spring and summer. Travel stocks are booming here and there including TCOM
(Trips.com) in China. The airlines have high volumes and are competing on price and perks.
So are the cruise lines. This ETF is a way to capture some profit from the trends. If has lower
risk but also lower reward than an individual stock JETS is upside range bound by the
second upper VWAP line above it. The predictive algorithm of Luxalgo forecasts a rise
to about 22 before that VWAP line rejects price into a reversal. I am shorts JETS while also
shorting NCLH and going long on AAL. I expect to profit and use funds for some more
frequent travel. The karma in the whole thing is that it is a closed circle. Watch travel
companies including booking agents, spent money traveling get insights and then deploy
capital to work those markets for profit returns to recycle the funds into more travel.
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.