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JETBLUE AIRWAYS CORP
(JBLU-Nasdaq):
Technical Viewpoint: From a low
of $58.87 on Sep 29, 2003 prices
rallied, reaching a
high of $70.72
on Oct 9, 2003. A
decline saw prices pull back, reaching a
low of
$66.54 on Oct 16, 2003.
Another rally saw prices penetrate
resistance, closing 10/21/03
at $69.56. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Oct 21, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $65.75. Resistance: Is at $70.72.
Point & Figure: Reversed to the upside on Oct 17, 2003. A P&F upside
reversal takes place at $67.50. Summary: Technical indicators have turned bullish. BUY! JETBLUE AIRWAYS CORP
(JBLU-Nasdaq) @ $70.13 Stop: Use a protective stop of $67.63.
JETBLUE AIRWAYS CORP is currently trading @ $69.56 plus $1.85 on Oct 21, 2003. Price Objective:
$99.50. Risk/Reward: $2.50 VS. $29.38. Today's Risk Reward Ratio: 12:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$99.50
Risk/Reward:
$2.50 VS. $29.38
Risk/Reward Ratio:
12:1
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