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UTX - As Predicted JetBlue Beats On Earnings And Revenue; Chart Says Wait
Raytheon Technologies
I think JBLU will move higher
JetBlue (JBLU) beats on earnings and revenue, let's be careful before we get long or longer...
The all-time closing high is $19.80; the chart has a rounding bottom, albeit quite choppy. I drew the nearly year-long rounding process, and frankly, the chart has already shown a bullish formation. We see what is called the "Golden Cross", that is the 50-day moving average (the red line) has moved above the 200-day (the green line). This happened at about the middle of the last month. I could have drawn an ascending