JetBlue Reaching a Tipping Point

Some of the seemingly invincible airlines, such as JBLU, may finally be hitting that tipping point. 

On the weekly JBLU chart, below, all of the rallies and swoons in recent quarters looks to have been part and parcel of a massive top, of the head and shoulders variety. I will discuss this further, with specific price levels, in the recap tonight. 

Similar comments apply to a name like DAL.