United Airlines $UAL Trade Idea Long
United Airlines Holdings, Inc.NASDAQ
Description
⋅ Yesterday I took the trade on NASDAQ: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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Thank you,
BK