JETS

JETS remains in a Stage 2 advance with the long-term uptrend intact above the rising 200-day MA. Medium-term structure is bullish with higher highs and higher lows supported by the rising 50-day SMA, but the active Bullish Exhaustion pattern signals waning upside momentum. Short-term price trades below the declining 9- and 21-day EMAs, indicating unfavorable timing. We recommend stalking for a pullback into the rising 50-day SMA support zone before initiating long positions.

• ↑Travel across US airlines up, major carriers report blockbuster earnings
• ↑Current price $33.45 vs. 1-year forecast $35.98 implies ~7.6% upside
• ↓Overvaluation risk: average short-term target $17.76 suggests ~47% downside