Nicholas Santiago
IntheMoneyStocks
Monday, August 21, 2017
JetBlue Airways Coming In For Landing, Watch This Level
Leading airline stock JetBlue Airways Corp(NASDAQ:JBLU) has been steadily declining since July 13, 2017. At that time, the stock peaked out at $24.13 a share. Today, JBLU stock is trading at $20.27 a share. Traders and investors should note that JBLU stock bottomed on the weekly chart in February 2017 at $18.71. This tells us that this stock will have very good chart support around this level if it is retested. I'll be looking to pick up JBLU stock around the low $19.00 level with a weekly chart stop loss below $17.00.
