Chart Patterns & Algorithmic Trader (Jan. 28, '20) (62)
JBLU ABC Bullish Pattern
s
JetBlue Airways (JBLU) is trading in an ABC Bullish pattern on its daily chart above the
long entry-level of $10.47. ABC Bullish patterns are valid only when price closes above
the entry level with the confirmed up trend. Enter a long trade above entry-level with a
stop below $9.71 (-$0.66). Targets are placed at Target1 Zone $14.8 to $16.2 and,Target2
Zone $20.2 to $23.1.
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