Reverse Head and Shoulders Patter March-Present $JBLUReverse Head and Shoulders forming from March 2019 - Present (April 10th 2019). With good news coming from $JBLU related to their travel expansion, I see this stock going way up !
JBLU trade ideas
$JBLU JETBLUE GOING TRANS ATLANTIC. A long term investment in JBLU in 2003 is still losing money, nit exactly encouraging. To stimulate growth JBLU has announced introduction of a trans Atlantic service, proactive but does not guarantee success in which is a ultra competitive market.
JBLU (Jet Blue) trending back down to support. Put option playJet Blue has been oscillating in 2-3 month intervals since July of 2018. It's currently on a downward trend, going toward a support level of about $15.20. With the March 15, 2019 $16 PUT options trading between $.10 - $.15, there is a potential to make 3 times the current price by the option expiration date. If JBLU breaks through support, we could see the price go below $15, and the March 15 $16 put option priced at a dollar or more upon expiration.
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.
