JetBlue Stock's Death Cross: Turbulence Ahead Or A Buying Opportunity?
1. JetBlue displayed a Death Cross, indicating potential continued decline. 2. Stock has dropped nearly 30% in the past year and 35% year-to-date. 3. Current price of $4.78 is below several key moving averages. 4. RSI indicates oversold conditions, suggesting possible buying opportunities. 5. Investors are uncertain if recent lows mark the bottom or further decline.