JETS ETF: Ready To Lift Off?

Published 08/25/2020, 01:37 AM
Updated 07/09/2023, 06:31 AM

The airliners have been fairly stable since the early June surge lost its momentum.

For U.S. Global Jets ETF (NYSE:JETS), support near the April highs has held up extremely well during the pullback. We sure like the set up so far this month. A meaningful upside breakout could be on the way. A clear take out of the $18.30 area could lead to quite a run or flight higher.

US JETS ETF Chart

Top Five JETS Holdings

  • Southwest Airlines (NYSE:LUV) 10.88%
  • Delta Air Lines (NYSE:DAL) 9.70%
  • United Airlines Holdings (NASDAQ:UAL) 9.20%
  • American Airlines (NASDAQ:AAL) Group 8.09%
  • Cargojet 4.76%

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