IvanLabrie

JBLU: Swing trade opportunity

Long
NASDAQ:JBLU   JetBlue Airways Corporation
Buy 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.

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