Jet Blue (JBLU): Drastic price movement imminent?

Looks like a descending triangle forming or at the least, a symmetrical triangle.

If Descending Triangle:
- There will be rapid price drop.

If Symmetrical:
- In a vacuum, the price would experience a significant movement (up OR down). All things considered, it'll be interesting to see how fast this pops (implodes).

I entered a straddle play at $8 Jun 19. Now watch it go sideways instead LOL.

Let me know what you think of this idea.

ความคิดเห็น:

Price has broke out of the triangle! Now, time to figure out what it all means XD

ความคิดเห็น:

I'm just gonna keep drawing triangles until it looks right :D lmfao