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Jetsetf

Do You Enjoy Taking Flights On Jets?Do you enjoy taking flights on Jets? Let's take a trip...together if you will. Name and Ticker-U.S. Global Jets ETF AMEX:JETS I've identified a cup and handle pattern on the jet. Perhaps, it will take off or maybe it won't. My prediction is that we will take this flight together. Where is the confluence? Multiple touches on the 200MA (please see the daily chart ). What locations (price targets) are possibilities on our itinerary? Minimum move of 1.87 above our handle (or runway if you're onboard this flight) and a maximum of 3.87 above the handle (3.87 includes the cup and handle sizes). *Special note- Please be mindful that our "JETS" may be grounded if we break below the handle or channel. Peace & Prosperity, Al
AMEX:JETSLong
by MrALtrades00
Jets with good risk reward ratioThis is one of the industries mostly beaten down by pandemic. As we have now positive news about vaccination I think this industry due upside. Another bullish sign as per technical 20MA cross above 50MA and 50M above 200MA. Most of the airline stock ticker has a similar chart pattern. As per chat setup, this has a good risk-reward ratio. Play strategy - Buy around 22.06 which is the nearest support. Stop-loss 20.56. - Potential target 29.25 where the gap - P:L = 32:6
AMEX:JETSLong
by fqalogtrader