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JetBlue Airways Corporation Message Board

  • roblerj roblerj Apr 27, 2014 11:20 PM Flag

    How JBLU will play out this week and next

    JBLU will creep toward 7.26 [the very bottom] and then begin to go up progressively as the selling fades off. JBLU is part of 2 major transport ETFs - which were all down. JBLU will be helped by an upswing in these ETFs, which will begin to rise once the tension in Ukraine normalizes and oil fears subside. As shares move up from toward 8.05, the huge amount of short interest will begin to cover as the weather and vacation season will change the trajectory of this heretofore woeful stock. This stock will then normalize into a trading range of 8.40-8.60, before cycling up toward 9.00 within a month.

    Sentiment: Hold

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22.98+0.12(+0.52%)Jul 31 4:00 PMEDT