Some people disagree with this swing trade as oil is rising, I am well aware of the corrilation between oil and the airlines and feel the risk reward at this level on JBLU is positive and like the volume coming in here at 2:50-3:15 , also expecting oil to top out soon and for airlines to move up before oil moves down. Then really move ahead as we see the pull back in oil take effect
Added to JBLU @ 5.15 total 500 Shares
Wednesday, March 5, 2008
Posted by DayTrader RockStar at 3:04 PM
Subscribe to:
Post Comments (Atom)
1 comments:
What price do you plan to exit this trade?
Post a Comment