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RedHotStocks
Nov 16, 2020 8:29 AM

$UAL United Airlines Holdings breaks 200ma  Long

United Airlines Holdings, Inc.NASDAQ

Description

Potential entry on a strong day for airlines above $39.70
Upside target to previous pivot $44
Comments
gregchipps
This is going to reset down to 34-37 range. TSA numbers just do not support this price. -HOLD or Sell
tasfaw
@gregchipps, hope you were in UAL yesterday...or AAL - big wins for airline stocks.
gregchipps
@tasfaw, fosho......JUST WHAT NEXT?
gregchipps
@tasfaw, TSA travle numbers are looking bleak.......500K-800K compared to consistent 800K -1M.

I still love the sector long. Germany are talking about lock downs until March!
tasfaw
@gregchipps, yes, you've got a good point. There may be more dips in the airline stocks before the final rally. But the vaccine related news will all come before march, and the stock prices will continue to recover from their summer lows. So the value buy opportunity is likely between now and very early next year.
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