Eli
Long

UAL long off support bounce

NYSE:UAL   UNITED CONTINENTAL HOLDINGS
28 5 3
UAL             broke the down trend after testing support and bouncing. Price above 200dma and several others now. Confirmation above 51.50 with volume will lead to 54 test for Oct option expiry.
Comment: Take some profits. Update your charts, new target 55.9.
Comment: take all profits. targets hit. moving on to new trades.
If the breakout fails and price falls below the orange support line, then downside target is the FIB level 46.50.
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I see it! :)
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Eli Buffettsheirunapparent
Nailed it.
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Eli Buffettsheirunapparent
collect your money from this chart?
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Eli Buffettsheirunapparent
@Buffettsheirunapparent, wow... left some money on the table in this name... what a beast. hugged those FIB lines well.
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