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RJET Price Target Hit

RJET daily May 8th Following the backtest of the broken uptrend line on April 28th, RJET (Republic Airways) took a nose-dive to the sole profit target for a quick 11-12% gain in just 5 trading sessions. As this was the sole price target, RJET will now be moved to the Completed Trades category [...]

May 8, 2015 1:15pm|Categories: Completed Trades - Short|Tags: |Comments Off on RJET Price Target Hit

RJET Short Trade Idea

RJET daily April 29th RJET (Republic Airways) was one of several airline shorts mentioned yesterday while trading just below the uptrend line. The stock still offers an objective short entry here with a sole price target (at this time) just above the 11.45 support level (suggested buy-to-cover limit order at 11.56). [...]

Apr 29, 2015 1:29pm|Categories: Completed Trades - Short|Tags: |Comments Off on RJET Short Trade Idea

Airlines Poised To Descend + New Commission Free ETF List

Major Airline Index April 28th I have a growing list of short trade candidates on my watchlist which look poised for a decent correction. I plan to refine the list and post some of the more promising trade ideas on the site later today but until then, here are a few that stand [...]

Apr 28, 2015 9:38am|Categories: Completed Trades - Short|Tags: , , , , , , |Comments Off on Airlines Poised To Descend + New Commission Free ETF List

RJET update

i recently mentioned reversing the airline short trade as FAA and most of the individual airline shorts had hit their targets for some really nice quick gains.  RJET hit it's final target (T2) on 3/20 for a 26% gain and today it has taken out this downtrend line, which should give it an additional boost.  [...]

Mar 26, 2012 11:41am|Categories: Completed Trades - Short|Tags: |Comments Off on RJET update

RJET short update- T1 basically hit

RJET is quickly approaching T1 and is now a 21.5% gainer from entry (at LOD so far of 4.82 vs. T1 of 4.77) so consider taking partial/full profits here.  as i often post, i prefer setting my closing trade orders just above support(targets) on shorts and vice-versa for longs.  how far i cover above a [...]

Mar 5, 2012 1:10pm|Categories: Completed Trades - Short|Tags: |Comments Off on RJET short update- T1 basically hit

RJET short update

virtually identical chart and notes to the DAL short so see that post below if you took the RJET short.  targets are market and still has a way to go but be aware of the potential bull-flag that has formed on these two airline stocks.  conservative traders might want to tighten up on the stops [...]

Feb 17, 2012 12:53pm|Categories: Completed Trades - Short|Tags: |Comments Off on RJET short update