UAL.
On the daily chart there is a new test of our EMA. The test should come together with the test of the price to the long term trendline (green on the chart) which will give a double support to the price.
Small megaphone appears to be forming.
Megaphone pattern is a pattern that consists of minimum of higher highs and two lower lows.
The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction.
Megaphone pattern is known to give multiple trading opportunities to the trader.
This pattern also...
United Airlines is accelerating to rise
This chart shows the weekly candle chart of United Airlines stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, since the completion of the double bottom form at the beginning of 2020, United Airlines' stock has been the second...
I think UAL is ready for a move higher. Starting with the month, it's been slowly working its way back up. Getting above June's high would be a signal to look for actionable price-action entries to play toward the liquidity areas (liq. on the chart). I'll wait for the pullbacks after taking they take out the shorts and ride the move up to the next one.
UAL has been in a persistent trend up for a couple of months after great earnings were reported
in early May with another due on July 19th. The airports have been quite busy with vacation
travel and UAL has been part of that action. On the 1H chart, price has been supported by
the mean VWAP and has oscillated to the one standard deviation line above that. I...
Bullish flow on the UAL 8/18 57.5/65C spreads with a short 8/18 50P. The same whale had been shorting the 44P and buying upside call spreads for July. Those calls are ITM.
NASDAQ:UAL has been trading in a range since Nov 2021. Currently at the top of the range. On daily its a 2D with Stochastics and MACD pointing downwards. On weekly its an inside bar.
Idea is to go short at the break of weekly low ($51.81). Take profit is at $48.19 where there has been multiple S&R bounces.
United Airlines Holdings - Medium Term - We look to Buy at 48.32 (stop at 45.98)
Trading within a Bullish Channel formation.
Trend line support is located at 48.30.
Previous resistance at 48.00 now becomes support.
Previous support located at 48.00.
We look to buy dips.
47.77 has been pivotal.
Our profit targets will be 53.82 and 54.82
Resistance: 50.90...
Cyclical stocks like United Airlines have struggled since the banking crisis in March, but now the carrier may be regaining lost altitude.
The first pattern on today’s chart is the series of higher lows since early April. They’ve formed a potentially bullish ascending triangle in the last three weeks.
Next, Bollinger Bandwidth has tightened. Will movement expand...
United looks poised for a breakout. It continues to use the more recent support level at about $40.54 to rebound and head upwards. It has been moving mostly laterally but also has been making progress upwards. Based on it RSI (64.67) and its D+ line crossing over the D- line and the ADX beginning to slope upwards to show that the trend is gaining momentum, the...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15)
Daily signals are mildly bearish.
Trading has been mixed and volatile.
40.43 has been pivotal.
The bias is to break to the downside.
A break of the recent low at 40.43 should result in a further move lower.
The medium term bias is neutral.
Our profit targets will be...
- UAL is in a rising trend channel in the medium long term.
- The stock has broken a double bottom formation.
- A decisive break of the resistance at 44.25 will signal a rise to 47.11 or more.
- The stock has marginally broken up through resistance at 46.00.
- An established break predicts a further rise.
- Overall assessed as technically positive for the medium...
AMEX:SPY - pointing lower again this morning dropping a modest 0.7%. We have mostly reached the 410 pivot I talked about yesterday after we saw a clear 5 min rejection of the 413.5 - 414.5 pivot midday. If price action continues showing signs of sellers in control (strong red bars and sequential green bars with lower vol), next support I am looking at it 409....
If you haven`t bought UAL here:
Then analyzing the options chain of UAL United Airlines Holdings prior to the earnings report this week, I would consider purchasing
Calls with a 45usd strike price and an expiration date of 2023-6-16, for a premium of approximately $1.65.
If these options prove to be profitable prior to the earnings release, I would sell at least...
United Airlines Holdings - 30d expiry - We look to Sell a break of 40.38 (stop at 43.15)
Short term bias has turned negative.
Posted a bearish Flag formation.
A break of 40.43 is needed to confirm the outlook.
40.43 has been pivotal.
The bias is to break to the downside.
Trading has been mixed and volatile.
The medium term bias is neutral.
Our profit...
UAL 44.26
1. Got Golden Pocket support 42.57 and above the POC
2. Needs to break 45.05 to see 45.64(d100MA)
3. if break d100MA 45.64 then 47.57
4. if 42.57 support break down then 41.5 support of d200MA and Trendline support
![UAL: UAL - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/r/rb2hHNri_mid.png "UAL - Rising Trend Channel [MID TERM]")
