Get started
JETBLUE AIRWAYS CORPORATION COM USD0.01JETBLUE AIRWAYS CORPORATION COM USD0.01JETBLUE AIRWAYS CORPORATION COM USD0.01

JETBLUE AIRWAYS CORPORATION COM USD0.01

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

0JOT trade ideas

JetBlue Airways (JBLU) – Technical Analysis 1WJetBlue shares have broken a key weekly trendline, reinforcing a bearish outlook. After breaking support at $5.21, the price is heading toward $4.52 and potentially $3.41. Technical indicators confirm the weakness: RSI shows declining momentum, MACD signals a bearish crossover, and EMA 50/200 indicate sustained selling pressure. Fundamentally, the airline sector faces macroeconomic instability, rising Fed rates, and volatile fuel prices. A close below $5.21 will confirm the downtrend, targeting $4.52 and $3.41, while a recovery above $6.44 could signal a potential rebound.
NASDAQ:JBLUShort
by TotoshkaTrades
Trading idea - Entry point > 6.8/61.80%Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 6.8/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:JBLU
by fibonacci6180
JBLU Prediction: Q4 '24 Earnings Slide from Q1 '25 Guidance?It's my estimation that the market sentiment felt from AAL Q1 '25 guidance will ripple into JBLU's earnings report come JAN-28-25. While AAL beat earnings estimates (revenue up 4.6% / $0.86/share vs. $0.66/share expected), Q1 guidance was set at a loss of $-0.40/share vs. $-0.04/share. Investors I believe are expecting a much stronger output in 2025 from domestic carriers, and this was a horrible start to the year. AAL and JBLU's failed Northeast Alliance, a break up due to antitrust laws, has now caused both airlines to pay $2M in legal fees across several states. Looking at LuxAlgo's Support Resistance Signals MTF among additional indicators, I believe the underlying will touch below $7.50 after earnings are released.
NASDAQ:JBLUShort
by MFOTION1888
1
JetBlue Airways | JBLU | Long at $5.92JetBlue NASDAQ:JBLU - Earnings and revenue beat today, stock drops -26% by noon. 2025 Outlook: "For the first quarter of 2025, JetBlue expects its available seat miles (ASM) to decline 2% to 5% year-over-year, with revenue per ASM projected to range from a 0.5% decline to a 3.5% gain, while analysts had expected the metric to rise 5% year-over-year. JetBlue said it also expects cost per ASM to rise 8% to 10% in the first quarter. The airline also expects cost per ASM to rise 5% to 7% for the full fiscal year, with revenue per ASM projected to rise 3% to 6% compared to the metric staying flat in 2024." Travel is increasing rapidly from the pandemic lows and if oil continues to drop, airlines will continue to experience a boom. This outlook may be overly negative as "protection" while the company further moves toward profitability. My only concern is there is a price gap on the daily chart near $4.00 that is still open (and could be filled in the near future. But, from a technical analysis perspective, the bottom of my historical simple moving average line today is $5.90. It may bounce there, or shakeout shareholders for a while to test the $4 range. Regardless, JetBlue is a mid-level ranked airline that is, indeed, moving toward profitability - it may just take it getting through 2025 to gain investor confidence. Initial entry position started at $5.92. Target: $7.95
NASDAQ:JBLULong
by WorthlessViews
Cleared for Takeoff!JetBlue Airways (JBLU) is showing strong bullish momentum, with a gap forming around the $6.25 level. A breakout above the $8.07 resistance would confirm further strength, positioning the stock to target the $9.42 weekly resistance. This trade offers an attractive risk-to-reward ratio, with downside risk managed via a stop-loss at $5.68. As air travel demand continues to recover globally, JetBlue is well-positioned to capitalize on increasing passenger volumes and operational efficiencies. With strategic partnerships, expansion into new markets, and a focus on cost control, the airline is poised to strengthen its competitive position in the industry. This combination of technical momentum and favorable market conditions supports a bullish push toward $9.42, making JBLU a compelling opportunity for traders and investors. NASDAQ:JBLU
NASDAQ:JBLULong
by The_Trading_Mechanic
JBLU: Anticipating a Pullback for a Strategic EntryI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. JetBlue Airways Corporation ( NASDAQ:JBLU ): Anticipating a Pullback for a Strategic Entry Trade Setup: - Anticipated Entry Price: $5.27 - Stop-Loss: $3.72 - Take-Profit Targets: - TP1: $9.52 - TP2: $14.23 Company Overview: JetBlue Airways Corporation ( NASDAQ:JBLU ) continues to work toward recovery in a challenging airline market. While the stock is currently trading at $7.16, the anticipated pullback to $5.27 would provide an attractive entry point for traders seeking to capitalize on a recovery in passenger volumes and operational improvements. Earnings Reports: - Q3 2024 revenues came in at **$2.5 billion**, a **6.5% year-over-year increase**, supported by higher passenger demand. - Improved cost management resulted in **$185 million in net income**, reflecting significant progress compared to losses in previous periods. Valuation Metrics: - Price-to-Earnings (P/E) Ratio: **12.4**, highlighting potential undervaluation relative to peers. - Price-to-Book (P/B) Ratio: **0.8**, suggesting upside potential as the stock remains below its book value. Market News: - JetBlue is expanding international routes, aiming for higher revenue streams through underserved markets. - Continued cost-cutting measures and improved operational efficiency are likely to strengthen the company’s financial health over time. Technical Analysis (Daily Timeframe): - Current Price: $7.16 - Moving Averages: - 50-Day SMA: $6.50 - 200-Day SMA: $6.80 - Relative Strength Index (RSI): Currently at 65, signaling that the current rally could soon face resistance and lead to a pullback. - Support and Resistance Levels: - Immediate Support: $6.50 - Anticipated Support: $5.27 (entry target) - Resistance: $7.50 With NASDAQ:JBLU currently trading above $7.00, the RSI suggests overbought conditions, increasing the likelihood of a short-term pullback. The expected entry at $5.27 aligns with prior support levels, making it an ideal price for a recovery-focused setup. Risk Management: A stop-loss at $3.72 minimizes downside exposure, while take-profit targets at $9.52 and $14.23 offer significant upside potential of **80%** and **170%**, respectively, from the anticipated entry point. Key Takeaways: - Awaiting a pullback to $5.27 for an ideal entry point into NASDAQ:JBLU ’s recovery story. - Favorable risk-to-reward ratios make this a compelling opportunity for both swing and long-term investors. - Patience and strict adherence to the trade setup are essential for capturing this move. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
NASDAQ:JBLULong
by SiriusTrading
JetBlue Airways Skyrockets on Spirit Airlines Bankruptcy RumorsShares of JetBlue Airways (NASDAQ: NASDAQ:JBLU ) soared by nearly 15% on Friday following a report that Spirit Airlines ( NYSE:SAVE ) is in discussions about a potential bankruptcy filing. The news triggered a wave of optimism among investors, boosting JetBlue and other major players like Frontier Group Holdings ( NASDAQ:ULCC ). Spirit’s struggles, amplified by failed mergers and mounting debt, have left it in a precarious financial situation, opening up significant opportunities for competitors like JetBlue. Spirit Airlines' Financial Struggles: A Boon for JetBlue Spirit Airlines, once a major contender in the budget airline market, has faced significant turbulence in recent years. After the collapse of a $3.8 billion merger deal with JetBlue earlier this year, Spirit’s financial health has deteriorated. The budget carrier reported steep Q2 losses of $192.9 million and is grappling with a staggering $3.3 billion debt load, with over $1.1 billion in secured bonds coming due within the next year. Discussions are now underway with bondholders for a Chapter 11 bankruptcy filing. With Spirit struggling to navigate through its financial woes, JetBlue (NASDAQ: NASDAQ:JBLU ) finds itself in a favorable position. JetBlue’s stock rallied in response to the news, reflecting investor confidence that the downfall of a major rival could clear a path for JetBlue to strengthen its foothold in the domestic airline industry. Notably, the potential removal of Spirit from the competitive landscape could help JetBlue reduce price pressure and solidify its market share among cost-conscious travelers. Failed Merger Fallout JetBlue’s bid to acquire Spirit earlier this year was blocked by U.S. regulators on antitrust grounds, leaving both companies in limbo. Spirit’s inability to finalize a merger left it in a vulnerable position, and the increasing competitive pressure from both low-cost and traditional carriers added to its challenges. While the failed merger was a setback for JetBlue, the company seems to be bouncing back quickly. Its stock has surged over 30% year-to-date, and the possibility of Spirit’s bankruptcy may further embolden JetBlue’s expansion strategy. Outlook JetBlue (NASDAQ: NASDAQ:JBLU ) is showing signs of resilience. The company has consistently met earnings expectations and is poised to benefit from reduced competition in the budget airline space. Analysts project a strong outlook, with JetBlue’s focus on cost management and operational efficiency likely to bolster its market position. Technically, JetBlue (NASDAQ: NASDAQ:JBLU ) is enjoying a bullish run. The stock is currently trading 14.87% higher, pushing its price to $7.20 at the time of writing. The RSI (Relative Strength Index) stands at 75, indicating an overbought condition, though the current rally shows no immediate signs of cooling off. Key moving averages, including the 50-day and 200-day averages, signal continued upward momentum. Additionally, the MACD (Moving Average Convergence Divergence) stands at 0.1037, affirming the stock’s bullish trend. Immediate resistance for NASDAQ:JBLU is found at the $7 pivot, and if it breaks through, the stock could climb further. However, traders should watch for a potential pullback, with support at $6.80. A dip below this level could trigger short-term selling pressure, but the stock remains solid overall with strong fundamentals backing its ascent. Broader Airline Market Sentiment JetBlue (NASDAQ: NASDAQ:JBLU ) isn’t the only airline seeing gains from the Spirit news. Frontier Group Holdings ( NASDAQ:ULCC ), another discount carrier, surged by 21%, as investors foresee a less competitive landscape in the budget sector. Shares of major airlines such as American Airlines ( NASDAQ:AAL ), Delta Air Lines ( NYSE:DAL ), Southwest Airlines ( NYSE:LUV ), and United Airlines ( NASDAQ:UAL ) also received a boost, reflecting broader investor sentiment that Spirit’s downfall could ease competitive pressures across the industry. Looking Ahead JetBlue’s performance in the coming weeks will depend on how the Spirit situation unfolds. A Chapter 11 filing could ultimately reshape the competitive dynamics of the low-cost airline market, giving JetBlue more room to maneuver. With its stock currently in a bullish trend and broader positive sentiment across the airline sector, JetBlue appears well-positioned to capitalize on Spirit’s misfortunes. Investors should remain cautious of short-term volatility, but with strong technicals and positive industry fundamentals, JetBlue’s upward trajectory seems likely to continue.
NASDAQ:JBLULong
by DEXWireNews
1 year outlook on JBLUI saw a post about some guy putting a ton of his money on this, so I was curious about it and decided to dowse & do a reading for the high and low over the next year. I don't have a ton of experience or confidence in these kinds of projections far out in time, so it's more for practice. My dowsing suggests there will be some kind of lasting high made (or is already made?) and a reversal down possibly from the $5.30 area. Maybe it pops on this news, then goes back down. I just have bearish energy for now. Target on the downside is $2.60-.70. I would say if/when it gets to 2.60-70 it's likely a buy at least shorter term. But there are better things to be in I think.
NASDAQ:JBLU
by JenRz
JetBlue Stock's Debt, Downgrades, and Market ResponseJetBlue Airways Corp. (NASDAQ: NASDAQ:JBLU ) is facing a challenging moment as its stock plummeted over 21% in Monday’s intraday trading, with further declines into Tuesday premarket. The dramatic drop comes in the wake of the company’s announcement to raise over $3 billion in debt and a series of credit downgrades from major rating agencies. Debt Financing and Credit Downgrades JetBlue (NASDAQ: NASDAQ:JBLU ) is intensifying its financial strategies by offering $1.5 billion in senior secured notes, a $1.25 billion term loan backed by its TrueBlue loyalty program, and an additional $400 million through convertible notes. This massive debt issuance aims to bolster the airline’s financial stability but has triggered substantial concerns in the market. Credit Rating Agencies have responded by downgrading JetBlue’s ratings: - Moody’s lowered JetBlue’s rating to B3 from B2, citing the significant time required for the company to improve its operating profit and cash flow to justify an upgrade. - S&P Global reduced its issuer credit rating to B- from B, anticipating persistent weakness due to factors like excess industry capacity and rising labor costs. - Fitch Ratings affirmed its B rating for JetBlue but adjusted its senior secured debt ratings to BB-/RR2 from BB/RR1. These downgrades reflect ongoing challenges for JetBlue (NASDAQ: NASDAQ:JBLU ), including heightened competition on the East Coast and constraints related to its operational capacity. Market Reaction and Stock Performance The market has reacted sharply, with JetBlue’s stock dropping over 14% year-to-date. The latest premarket trading saw a 4% decline, bringing the share price down to approximately $4.50. Despite JetBlue's efforts to secure financing and repurchase existing convertible notes, investor sentiment remains cautious. It is noteworthy that JetBlue (NASDAQ: NASDAQ:JBLU ) stock concluded Monday's trading session with a Relative Strength Index (RSI) of 36.44, signaling an oversold condition. Furthermore, there exists a substantial likelihood of a decline, given the 4% premarket trading decrease. The prevailing indicators converge towards a support threshold at $4.12. Strategic Moves and Future Outlook JetBlue’s strategy includes using the proceeds from the new debt offerings to address existing convertible notes and cover related expenses. The airline’s decision to issue more debt is a critical step in navigating its financial challenges but has spurred concern about the long-term impacts on its creditworthiness and operational stability. Conclusion JetBlue's recent financial maneuvers and subsequent credit downgrades highlight the turbulence the airline is navigating. As it seeks to raise capital and stabilize its position, the market will closely monitor how these strategies play out against the backdrop of industry challenges and competitive pressures. Stay tuned for more updates on JetBlue’s performance and market reactions.
NASDAQ:JBLUShort
by DEXWireNews
Jet Blue About To Leave The Runway !JBLU strikes a few points of interest if one is looking to fly away. 4hr chart I see smart money activity entering . We have a 'W" or double bottom pattern. If you can't see it look at it using a line chart it'll smack you in the face. Summer time is vacation time. How do people get to their destination? Yep, fly baby fly. Targets for now, 5.89 Target #2 6.21. If she really takes off I'll be back here and tell you what I see and outline more targets. Stay humble, be happy and let the markets make you money but don't forget to take profits.
NASDAQ:JBLULong
by Trade-Farmer
JetBlue Lowers Annual Revenue Forecast Stock Falls 16%JetBlue Airways ( NASDAQ:JBLU ) has revised its annual revenue forecast downwards, in light of its lackluster first-quarter revenue results. The company has attributed its disappointing revenue performance to an overabundance of capacity in the Latin American market, which has resulted in a more than 16% decline in its premarket stock value. JetBlue ( NASDAQ:JBLU ) remains committed to returning to profitability and has recently outlined measures to achieve this, including cutting unprofitable routes and markets such as Bogota in Colombia and Lima in Peru, and reallocating resources to better-performing regions. While the airline has reported healthy demand during peak periods and noted successful performance of its premium seating options, it has warned that oversupply in the Latin American market will impede its business for the remainder of the year. According to a regulatory filing, the Caribbean and Latin American regions accounted for over a third of JetBlue's overall capacity in 2023. JetBlue ( NASDAQ:JBLU ) has adjusted its fiscal 2024 revenue forecast to a low-single-digit percentage decline, an update from its previous estimate of revenue being relatively stable. Analysts had previously expected full-year revenue to dip slightly to $9.61 billion, according to LSEG data. The company has forecasted that second-quarter revenue will fall between 6.5% and 10.5%, compared to earlier estimates of a near 4% drop. Citi Research analyst Stephen Trent has commented that "the Q2 and full-year revenue guide looked a little worse than expected ... not nearly as strong as recently reported results from some of the carrier's full-service peers." Despite upbeat current-quarter forecasts from United Airlines and Delta Air Lines in recent weeks, JetBlue's report has negatively impacted airline stocks on Tuesday. American Airlines and Southwest Airlines are expected to report quarterly earnings later this week and have already seen a 3% and 1% decline, respectively. United Airlines, Delta Air Lines, and Alaska Air have also slipped by approximately 1%. JetBlue's efforts to cut costs have shown positive signs. Its adjusted per-share loss of 43 cents in the quarter ended March 31 was smaller than the anticipated 52-cent loss. Its total operating revenue fell 5.1% to $2.21 billion, in line with expectations.
NASDAQ:JBLUShort
by DEXWireNews
Icahn's Strategic Maneuver Sends JetBlue Soaring to New Highs Renowned activist investor Carl Icahn has shaken up the airline industry with his recent acquisition of a substantial stake in JetBlue Airways ( NASDAQ:JBLU ). The ripple effect of this acquisition has sent shockwaves through the market, propelling JetBlue's stock ( NASDAQ:JBLU ) price to new heights and igniting a flurry of speculation and analysis. With a nearly 10% stake in the low-cost carrier, Icahn's entry into JetBlue ( NASDAQ:JBLU ) signals a resounding vote of confidence in the airline's potential. Renowned for his astute eye for undervalued assets, Icahn's decision to invest in JetBlue ( NASDAQ:JBLU ) underscores his belief in the company's intrinsic value and its capacity for growth. JetBlue ( NASDAQ:JBLU ), under the leadership of its new CEO Joanna Geraghty, has been navigating through turbulent skies marked by soaring operating costs and erratic travel demand. However, Geraghty's commitment to aggressive action to restore profitability has resonated with investors, who see a beacon of hope in JetBlue's ( NASDAQ:JBLU ) strategic initiatives. One such initiative involves the deferral of approximately $2.5 billion in planned aircraft capital expenditure, coupled with cost-cutting measures through employee buyouts across various functions. Moreover, JetBlue ( NASDAQ:JBLU ) aims to bolster its ancillary revenue streams, targeting an additional $300 million in revenue this year—a move indicative of its proactive stance amid challenging market conditions. However, JetBlue's ( NASDAQ:JBLU ) ambitious $3.8 billion deal to acquire Spirit Airlines hit a regulatory snag when a U.S. judge blocked the transaction. Despite this setback, both airlines remain undeterred, seeking an expedited appeal to revive the deal. The outcome of this appeal, slated for June, holds significant implications for JetBlue's future trajectory and its ability to navigate the competitive landscape. The proposed merger, if realized, would substantially alter JetBlue's ( NASDAQ:JBLU ) financial landscape, with Moody's Investor Service projecting a notable increase in its debt-to-EBITDA ratio and annual interest burden. While acknowledging the potential ramifications of heightened indebtedness, JetBlue remains steadfast in its commitment to the merger agreement, affirming its strategic vision and long-term objectives. In the wake of the merger ruling, JetBlue's ( NASDAQ:JBLU ) stock has witnessed an impressive surge, gaining 36% as investor optimism swells. This bullish momentum reflects a newfound confidence in JetBlue's resilience and capacity to weather industry headwinds, buoyed by strategic partnerships and a robust operational framework. Carl Icahn's entry into JetBlue ( NASDAQ:JBLU ) symbolizes more than just a financial investment—it heralds a new chapter in the airline industry, characterized by heightened scrutiny and strategic realignment. As a seasoned corporate raider and activist shareholder, Icahn's presence injects a sense of urgency and accountability into JetBlue's boardroom, catalyzing discussions around governance and value creation. JetBlue ( NASDAQ:JBLU ) stands poised to chart a course toward sustainable growth and profitability, guided by a shared commitment to innovation and resilience. With Carl Icahn at the helm of this transformative journey, the skies are brimming with possibilities for JetBlue ( NASDAQ:JBLU ) and the broader aviation ecosystem. As stakeholders brace for what lies ahead, one thing remains certain: the winds of change are blowing, and JetBlue ( NASDAQ:JBLU ) is ready to soar to new heights under Icahn's strategic stewardship.
NASDAQ:JBLULong
by DEXWireNews
RiskMastery's Breakout Stocks - JBLU EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:JBLU ... I believe this code is at a point of potential volatility. If price can hold above $5.74 ... Bullish potential may be unlocked. My key upside targets include: - $6.83 (Conservative) - $7.99 (Medium) - $9.48 (Aggressive) If however price falls below $4.70 ... Bearish risk potential may be unlocked. (My key risk targets - C, M,& A - are as noted on the chart) Enjoy, and I look forward to being of further service into the future. If you'd like to connect, feel free to reach out and comment below. Mr RM | Risk Mastery Disclaimer: This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
NASDAQ:JBLULong
by Bullfinder-official
JBLU Bullish after JetBlue - Spirit merger was BlockedJetBlue's $3.8 billion buyout of Spirit Airlines was blocked by a judge, citing a threat to competition! After the news, SAVE went down, while JBLU surged from $4.54 to $5.45! However, today it continued the 6 month downtrend and closed at $4.68. This might seem like business as usual on Wall Street, except for the presence of some aggressive blocks of calls with strike prices of $6 and $7 on JetBlue's options chain, across multiple expiration dates! The most commonly chosen expiration date was February 16, following the earnings release. This leads me to believe that we might witness excellent results from the upcoming earnings report. JBLU was trading at $9.45 just 6 months ago. Its decline was not due to fundamentals but rather on the potential buyout of SAVE. Now that the deal is off the table, I expect JBLU to rise back up. I'm extremely bullish on JBLU ahead of earnings!
NASDAQ:JBLULong
by TopgOptions
2
$JBLU Double Bottom JBLU has formed a double bottom pattern on the weekly chart. This pattern is formed when price falls to a support level twice, but is unable to break through. The second bottom is typically higher than the first, indicating that buyers are becoming more aggressive. A close below 3.40 on a weekly basis would be a stop-out for this pattern, as it would indicate that the bears are taking control and that the pattern has failed. How to trade this pattern: If you believe that the double bottom pattern is valid, you could buy JBLU above the neckline of the pattern (which is currently around 3.60). You would then place a stop-loss below the 3.40 level. If JBLU breaks through the neckline of the pattern, it would be a bullish signal and could indicate the start of a new uptrend. You could then trail your stop-loss up above the previous swing high.
NASDAQ:JBLULong
by AlgoTradeAlert