JetBlue Airways (JBLU) NewsBite - One of Today's Top Gainers

Posted: Friday, November 06, 2009 3:12 PM EDT

JetBlue Airways (JBLU) leads the list of top gainers so far today and is now at $5.27, up $0.44 (9.11%) on volume of 4,957,544 shares traded. Over the last 52 weeks the stock has ranged from a low of $2.81 to a high of $7.74. JetBlue Airways stock has been showing support around $4.68 and resistance in the $4.98 range. Technical indicators for the stock are bullish and S&P gives JBLU a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on JBLU the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 4 range. [ABR-Seven Summits Strategic Investments NewsBite]

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