Jetblue $JBLUE has been in consolidation mode since late 2015 after a multi-year bull run to a high around $27 in September 2015. The weekly chart below shows price action in consolidation mode since.JBLU Weekly Chart(click to enlarge)Descending Triangle:- As we can see on the weekly chart, price has come down to $14.80, but has since been trading above this 2016 low.- IF price can hold above $14.80 again in 2019, it would maintain a descending triangle.- Even lower, I think the market can find support around $14. - Below $14 however, I would consider the possibility of downside towards $10. This is a scenario that would be more likely if the overall market is in contraction. Otherwise, I think the $14 area should help JBLU bounce back at least to the $18 area, and possibly the $20 handle. - For now, I would limit upside from $14-$15 area to $20. Above $20, JBLU would be signaling a bullish outlook that can open up $24 and then the $27 high from 2015.