Jetblue Airways $JBLU Technical Update – Stock Traders Daily

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Jetblue Airways $JBLU Technical Update

The Jetblue Airways (NASDAQ: JBLU) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for JBLU, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Neutral Strong Neutral
P1 18.86 17.29 16.38
P2 19.15 18.64 18.08
P3 19.44 19.92 19.72

Long Term Trading Plans for JBLU

September 6, 2018, 9:00 am ET

The Technical Summary and Trading Plans for JBLU help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this JBLU Report.

JBLU – (Long) Support Plan

Buy over 18.08 target 19.72 stop loss @ 17.82.
The technical summary data tells us to buy JBLU near 18.08 with an upside target of 19.72. This data also tells us to set a stop loss @ 17.82 to protect against excessive loss in case the stock begins to move against the trade. 18.08 is the first level of support below 19.075 , and by rule, any test of support is a buy signal. In this case, support 18.08 is being tested, a buy signal would exist.

JBLU – (Short) Resistance Plan

Short under 19.72 target 18.08 stop loss @ 19.98
The technical summary data is suggesting a short of JBLU as it gets near 19.72 with a downside target of 18.08. We should have a stop loss in place at 19.98 though. 19.72 is the first level of resistance above 19.075, and by rule, any test of resistance is a short signal. In this case, if resistance 19.72 is being tested, a short signal would exist.

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