JETS Weekly MACD Cross
$U.S. Global Jets ETF(JETS.US$ JETS weekly from a technical perspective has bullish momentum with QQE buy signals and MACD curling.
Bullish on the weekly close above 21EMA and in a nice volume gap with room up to 26/27 supply zones.
From an options flow perspective, there was a buyer of the 11/19 21C for $2M in premium. I followed and am currently up +77% and still holding with $26PT
If you're not long, I think an idea would be to swing calls for the move up to $26.
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Makan126 : Hi, can you share your view on current price trend on JETS . Thank you.