Chart Patterns & Algo. Trader August 31, 2020 | Page 62

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. www.surinotes.com