(Finance) – Excellent performance for Jetblue Airwayswhich trades up 19.77%, after activist investor Carl Icahn amassed a 9.91% stake in the capital of the New York airline.
On a comparative level on a weekly basis, the trend of Jetblue Airways highlights a more marked trend than the trendline of Nasdaq 100. This demonstrates the greater propensity of investors to buy towards Jetblue Airways compared to the index.
The short-term technical status of Jetblue Airways highlights an expansion of the positive performance of the curve with the first area of resistance identified at USD 7.523. Risk of possible correction up to the 6.833 target. Expectations are for an increase in the bullish trendline towards the 8.213 resistance area.