JETS: Looking to start a position

25 בנוב׳ 2023

Looking to start a longer-term position with JETS ETF.

Currently reclaimed its wedge structure from a TA perspective.
Math-wise, I am looking for a mean reversion back up to around the 20$ range.

The current mean is 24$.


Not a short-term idea, but looking to try and find things that have not recovered as dramatically as the rest of the market and provide an opportunity to late entrants.


Just my thoughts!

5 בדצמ׳ 2023

הערה

Its broken out on the lower timeframes.
I am in a small position. If the breakout sustains I will add.

10 בפבר׳ 2024

עסקה פעילה

Slowly but surely we are making our way!
There was a re-test of the breakout and hold. So hopefully we see some speed pick up!

9 באפר׳ 2024

הערה

FInally reached the target zone! We have seen a rejecton on it though.
We need to break over the immediate resistance for a continuation up. Let's see if it can pull it off!

Some airlines are releasing earnings this week, so let's see if that does it.
Half out, half still in!

25 באפר׳

הערה

Its interesting to see this idea still holding strong at exactly just over 1 year later :O.