Do you enjoy taking flights on Jets?
Let's take a trip...together if you will.
Name and Ticker-U.S. Global Jets ETF AMEX:JETS
I've identified a cup and handle pattern on the jet. Perhaps, it will take off or maybe it won't. My prediction is that we will take this flight together.
Where is the confluence? Multiple touches on the 200MA (please see the daily chart ).
What locations (price targets) are possibilities on our itinerary? Minimum move of 1.87 above our handle (or runway if you're onboard this flight) and a maximum of 3.87 above the handle (3.87 includes the cup and handle sizes).
*Special note- Please be mindful that our "JETS" may be grounded if we break below the handle or channel.
Peace & Prosperity,
Al
Let's take a trip...together if you will.
Name and Ticker-U.S. Global Jets ETF AMEX:JETS
I've identified a cup and handle pattern on the jet. Perhaps, it will take off or maybe it won't. My prediction is that we will take this flight together.
Where is the confluence? Multiple touches on the 200MA (please see the daily chart ).
What locations (price targets) are possibilities on our itinerary? Minimum move of 1.87 above our handle (or runway if you're onboard this flight) and a maximum of 3.87 above the handle (3.87 includes the cup and handle sizes).
*Special note- Please be mindful that our "JETS" may be grounded if we break below the handle or channel.
Peace & Prosperity,
Al