United Airlines $UAL Trade Idea

BATS:UAL   United Airlines Holdings, Inc.
Yesterday I took the trade on UAL as the price pulled back to key support after we broke the 50MA.

The price is doing great today, my short target is around the $43 level but we have much more possibility for upside in the medium term.

The MA's are sloping up indicating a bullish momentum in the short term.

Oscillators are showing overbought in the short term, hence my comment on the $43 level, but the MACD is suggestion the bullish move just began.

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