In the face of Boeing's safety crisis and production woes, United Airlines (NYSE: NASDAQ:UAL ) has defied expectations with a stellar first-quarter performance, propelling its shares skyward. Despite absorbing a significant blow from the grounding of Boeing's 737 MAX-9 aircraft, United's robust earnings and bullish outlook for the second quarter signal resilience...
If you haven`t bought UAL before the previous earnings:
Then analyzing the options chain and the chart patterns of UAL United Airlines Holdings prior to the earnings report this week,
I would consider purchasing the 43usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $1.36.
If these options prove to be profitable prior...
After a few months taking a step back, exploring, reading and losing. This is the first trade in my new fund 🐲🏔️JDSMF. We are now looking at swing trades based on opportunities derived from exploiting the gap between the market's expectation for how things will turn out (current price) and our own belief of how things will turn out. Good luck to me!
The...
On 1/22/2024, United Airlines (UAL) reported earnings of $2.00 per share on revenue of $13.63 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $1.61 per share on revenue of $13.55 billion.
Moving Average: There's a moving average line that indicates the trend. It seems to be a simple moving average because it smooths out price data by creating a constantly updated average price.
Price Action: The chart exhibits a somewhat volatile price movement with periods of uptrends and downtrends. The latest candles suggest a consolidation phase after a...
The iron condor is a strategy that can be used to profit from a relatively range in the price of an underlying asset. In this blog post, we will discuss a sold iron condor on United Airlines (UAL) with an options expiration of January 26, 2024.
What is an Iron Condor?
An iron condor is a four-leg options strategy that consists of a short put, a long put, a...
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...
Airlines have a lot to tell us about the economy. Leisure is the first to go when families and Biz start to feel the pinch.
I first started warning about it here on tradingview back in March 2021 see chart below.
As is usually the case, barely anyone noticed what I posted back then or since. Why? The chart back then seemed very bullish and all the news talked...
United Airlines Holdings posted Q3 earnings that surpassed expectations, yet it anticipates a decline in profit for the current quarter due to increased costs.
The Chicago-based airline foresees an adjusted profit ranging from $1.50 to $1.80 per share for the period ending in December. This forecast is lower than the $2.46 per share reported in the same period the...
If you haven`t bought UAL calls before the previous earnings:
Then analyzing the options chain and the chart patterns of UAL United Airlines Holdings prior to the earnings report this week,
I would consider purchasing the 42usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $0.35.
If these options prove to be profitable...
Weekly Chart of UAL
UAL is currently in B Wave formation. It's a triangle of which three waves have completed and the fourth is in progress. The fourth wave may go a little lower, maybe upto 37 (There is support at this level. Also observe the white trendline) before starting the fifth wave of the triangle to complete the triangle. The fifth wave may go up to 50....
United Airlines Holdings - 30d expiry - We look to Buy at 41.05 (stop at 38.25)
We are trading at oversold extremes.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
40.43 has been pivotal.
Setbacks should be limited to yesterday's low.
This stock has seen good sales growth.
We look to buy dips.
Our...
Aug Hypothesis: International Travel Growth (Specific to Airlines)
Entered Ride trade UAL AT 53.97, risk 5.43% and TP 7.43%. I entered it after the confirmation with a bullish candle after two higher high retests and the clearing of the EMA lines in the hourly chart.
I with at 5.43% risk I wanted to enter a larger position but I held back because I'm sure I can...
Technical Analysis
The price has touched the lower trendline of the internal structure, and there is a high probability for a move of about 30% to the nearest target levels. Moreover, if the outer structure creates a larger channel, then, to the upper trendline of the channel, there is a move of about 60%. So, all in all, the risk is worth the reward.
Only 1.25%...
United Airlines Holdings - 30d expiry - We look to Sell a break of 48.38 (stop at 50.38)
Prices have reacted from 58.23.
Short term bias has turned negative.
Price action is forming a bearish flag which has a bias to break to the downside.
There is no clear indication that the downward move is coming to an end.
The trend of higher intraday lows has also been...
