JetBlue Airways Corporation
Short
Updated

JBLU Hit a Brick Wall

652
JBLU has gotten way ahead of itself and is now finding resistance.
Airlines need at least another year to recover with much more debt
that will put pressure on earnings. Putting people back in airline seats
is one thing getting them to pay up for that seat is another.
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Double top?
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Textbook
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Little has changed since hitting a brick wall!
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JBLUE breaks $7.00

Another great call!
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JBLU Broke $6 and is now on the verge of Breaking $5
The deal with American Airlines falling through will have a significant impact on JBLU.
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I would be taking profits if you are short and let the rest ride a bit more.
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JBLU breaks $5 losing its schitt

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Trade closed: target reached
Time to close out this position. Next up I will look for a buy if it presents its self

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