Continuing Its Early Green Trend, (JETR) Is Trading Above Multiple Lines Of Potential Support (Key Details)

Continuing Its Early Green Trend, (JETR) Is Trading Above Multiple Lines Of Potential Support (Key Details) August 9th FierceAnalyst Reader, JETR is continuing its early green trend and requires immediate attention. Hitting an early high of $.31, JETR has pulled back slightly but appears to be building support around the $.25 line. And, on top of that, this profile is currently trading above these other lines of potential support (according to [Barchart]( - 5-Day Exponential Moving Average (EMA) - 13-Day EMA - 5-Day Simple Moving Average (SMA) - 20-Day SMA - 100-Day SMA With a 52-week high of $.44, JETR will need to stay at the top of your watch-list today as there is a ton of upside potential. I'm not saying that this profile will go to those levels today, but you need to be aware of JETR's potential upside along with the potential volatility that comes from having a low float. Take a second and read my initial report below right now. ----- Star Jets International, Inc. (JETR) offers its customers all the advantages of owning a corporate jet, without the burdens associated with ownership. This includes unprecedented flexibility through access to over 5,000 private jets domestically and 15,000 private jets worldwide. And, right now this profile has several potential indicators to know now: Your No. 1 Potential (JETR) Driver Indicator - Low Float According to the [OTC Markets website]( JETR has a low float. The website reports this profile to have approximately 2.08Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term. And, if you have been following us recently, you've seen how low float ideas can lead to major intraday/short term breakouts. ----- Your No. 2 Potential (JETR) Driver Indicator - Record Q1 2021 Revenue Ricky Sitomer, CEO, Star Jets International (JETR) Announces $3.6Mn in Record Revenues for Q1 2021, a 140% Year-Over-Year Increase NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) -- Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that the Company has booked an all-time record $3.6Mn for the quarter ended March 31, 2021 (Q1), a year-over-year increase of 140%. As predicted, the Company continues on a tremendous growth trend as the demand for private air travel is not showing any signs of slowing down. [...] [Read the full article here.]( ----- Your No. 3 Potential (JETR) Driver Indicator - Oversold Leaning Technicals, Healthy Reversal/Bounce Potential Recently, JETR has been in a bit of downtrend but has leveled off in recent days as it may have found potential support. With this support after the recent downtrend, a potential reversal/bounce could be right around the corner. Here's the definition of a "reversal" from [Investopedia]( "A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart." Now, here are some key technicals that could signal JETR to be oversold and on the verge of a potential reversal. They are as follows on [Barchart]( (as of 1:00PM EST Friday): - 9-Day Relative Strength Index: 41.02% - 14-Day Relative Strength Index: 40.43% When these numbers drop down to the 30% range and lower, they can be viewed as being in oversold territory. While in this territory, they can paint the picture of a profile that is undervalued. - 14-Day Raw Stochastic: 12.82% - 14-Day Williams %R: 87.18% As the Raw Stochastic nears the 10% range and lower and the Williams %R nears the 90% range or higher, these technical indicators may also be viewed as oversold and undervalued. Keep an eye on these technicals closely. ----- Your No. 4 Potential (JETR) Driver Indicator - Explosive Chart History Take a look at JETR's 1-year chart: Do you see what I see? I see a bunch of strong short term spikes and a ton of upside potential to JETR's 52-week high. Let's break down this chart above. Back on Tuesday February 16th, JETR began running from a low of $.1775 to a high of $.44 the following day for a move of 147%. On Friday March 5th, JETR dropped to a low of $.15 before rebounding the next day to a high of $.339. That move resulted in this profile roaring 126% in the blink of an eye. In a slower, but still steady advance, JETR moved from a $.215 low on April 28th to a high of $.39 on May 17th. In just a few weeks, JETR ran 81%. But why did I bring up that last stretch. I'll tell you. As of 1:00PM EST Friday, JETR was trading around those levels from back on April 28th. Could another short term move like that be around the corner? Between its awesome revenue news and a low float, JETR will be one to watch closely Monday. ----- Top 4 Potential Driver Indicators - JETR Recap No. 1 - Low Float No. 2 - Record Q1 2021 Revenue No. 3 - Oversold Leaning Technicals, Healthy Reversal/Bounce Potential No. 4 - Explosive Chart History ----- Coverage is officially initiated on JETR. While you've got time now, do this: If there are any more updates today, I'll get them out to you quickly.  Sincerely, FierceAnalyst | Jaks Swift Editorial Writer Fierce | 539 W Commerce St, Dallas, TX 75208 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by jaks@fierceanalyst.net