New Position: Long JBLU 11.07 ATR .39
Name of Instrument: Jet Blue Airways
Sell Stop 10.47
Current Price: 11.46
Reason for Trade: After testing the 50 DMA twice, it gapped up over the 10 DMA and gave a good tight risk to below the 50 DMA. Has cleared the 6 month calendar range as well. If can hold and clear recent highs 11.59 see 12.00 or higher
First Target: 12.24 for 1/2
