Let's do a bit of review on airline counters.
DAL - Delta Air Line
DAL soar on Friday with a gap up and increase in volume. SGWiseInvestors is maintaining a Bullish view on this counter. we believe that counter will consolidate sideway and will gain strength for up move.
Recommended Price:
Buy at 47 support
Target price is 50.
Stop loss is 45.90.
AAL - American Airlines Group
AAL soar on Friday with a gap up and increase in volume. SGWiseInvestors is maintaining a Bullish view on this counter. we believe that counter will consolidate sideway and will gain strength for up move.
Recommended Price:
Buy at 47 support
Target price is 50. ( once drop we expect it to hit 43)
Stop loss is 46.90.
JBLU - Jetblue Airway Corp
JBL rose on Friday with a gap up and increase in volume. SGWiseInvestors is maintaining a Bullish view on this counter. we believe that counter will consolidate sideway and will gain strength for up move.
Recommended Price:
Buy at 14.24 support ( can buy at any price below 15)
Target price is 17.
Stop loss is 14.
What is your analysis between $VA and $JBLU? In terms of volume and RSI, which is a better option for either long-term or short-term?
ReplyDeleteHi Jae,
ReplyDeleteThank you for your valuable participation that keeps us moving on the posts.
JBLU for shorter term - this is currently in uptrend. From weekly chart, I see that the volume decrease as price increase. I believe we may see pullback soon. This is buying opportunity for higher up. and VA is for longer term. This is a new IPO stock. This stock need to exceed 39.14 with high volume, else it will be trading sideway.
Regards,
SGWiseInvestors