JBLU Short Setup

305
As mentioned before the airline industry is full of Zombie companies. No pricing power, with a lot more debt.
As shown here
XAL JETS Airlines Are Way Overvalued


and here
JETS Head and Shoulders

References are always important. :)

This is an easy little short setup with a very well-defined stop.
Bulls want to see this break above falling trendline.

Wait for the break either way.

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