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JBLU Bearish Pennant Breakdown, Price Targets Updated

Following the recent bearish rising wedge pattern breakdown, the JBLU (Jetblue Airways) short trade has broken down from a bearish pennant continuation pattern today, thereby offering an objective add-on or new short entry. Also note that the actual support levels from the previous chart have been adjusted to the suggested BTC levels.

JBLU Bearish Pennant Breakdown

JBLU daily June 8th

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Jun 8, 2015 9:53am|Categories: Completed Trades - Short|Tags: |Comments Off on JBLU Bearish Pennant Breakdown, Price Targets Updated