JetBlue Keeps the Spirit of Flying Alive

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JetBlue Keeps the Spirit of Flying AliveJetBlue Airways CorporationBATS:JBLUfederico_gomez_JetBlue JBLU is sitting in an accumulation range at a historical support zone. The spike in weekly volume gives us a clue that a bottom may have been established at this support level. The bullish path for the stock could lead us to all-time high prices in the medium term. Adding a fundamental catalyst to the picture: federal regulators recently awarded JetBlue additional LaGuardia flight slots vacated by Spirit Airlines — a tailwind that reinforces the bullish case.