AnneTrader
Long

UAL retested long-term resistance

NYSE:UAL   UNITED CONTINENTAL HOLDINGS
UAL             has not been in the best of trends although it has been heading up since the 2009             low. The monthly ranges can be large, which makes it difficult to trade.

September 2014 saw price fakeout above the 2007 high so another deep pullback was not unexpected.

More recently, however, price again broke above the resistance and this time has stayed above. There was a small flag, the base of which retested $51.60. On 3rd November the flag was confirmed and yesterday (4th November) we had a gap up on higher volume .

Unfortunately the breakout bar was not a bullish one (potential shooting star ) so we could see the gap filled. Otherwise short-term there is a buy possibility.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out