Here's Where I'll Buy JetBlue
InTheMoneyStocks.com | Aug 21, 2017 11:31AM ET
JetBlue Airways (NASDAQ:JBLU) has been steadily declining since July 13, 2017. At that time, the stock peaked out at $24.13 a share. Today, JBLU is trading at $20.27 a share. Traders and investors should note that JetBlue bottomed on the weekly chart in February 2017 at $18.71. This tells us that the stock will have very good chart support around this level if it is retested. I'll be looking to pick up JBLU around the low $19 level with a weekly chart stop loss below $17.
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