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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: RWS who wrote (11543)	7/1/2021 8:44:43 PM
From: Rarebird	Respond to of 26251

I will keep this very brief. From an Elliot Wave point of view, JETS broke support, which is not good. On the other hand, when I look at JETS from some of my traditional technical indicators, I see the potential of a short term bottom and beginning of a rally. How far that rally will go is anyone's guess. I would only go long if my traditional technical indicators and Elliot Wave were in sync since I look for high probability set ups. I also look at fundamentals, especially ROE, ROA, insider buying/selling and debt levels.