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JETBLUE AIRWAYS CORP
(JBLU-Nasdaq):
Technical Viewpoint: From a low
of $48.81 on Aug 19, 2003 prices
rallied, reaching a
high of $59.65
on Sep 5, 2003. A
decline saw prices pull back, reaching a
low of
$56.37 on Sep 11, 2003.
Another rally saw prices penetrate
resistance, closing 9/29/03
at $62.13. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Sep 16, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $58.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 23, 2003. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! JETBLUE AIRWAYS CORP
(JBLU-Nasdaq) @ $62.63 Stop: Use a protective stop of $60.13.
JETBLUE AIRWAYS CORP is currently trading @ $62.13 plus $2.87 on Sep 29, 2003. Price Objective:
$79.50. Risk/Reward: $2.50 VS. $17.38. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79.50
Risk/Reward:
$2.50 VS. $17.38
Risk/Reward Ratio:
7:1
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