The Long Investor
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$JBLU
🕑 Added 2025-04-29 19:33:06 +0000 UTCI know some of our members have added here after I brought this to your attention last week as it tested and held on the red line at $3.45.
Price has now bounced up to $4.32 as they reported earnings and they beat on EPS and their losses were better than expected.
We have got to assume that the market expected a lot worse and that's why the share price dropped so harshly since Jan, from $$7.50 to $3.50.
I believe the share price can retest the wedge line at $5.40, with a test of the 50 Day MA first.
