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United Airlines $UAL Trade Idea
United Airlines Holdings, Inc.
Long
United Airlines $UAL Trade Idea
By Konstandinovic
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Dec 6, 2023
0
Dec 6, 2023
Yesterday I took the trade on
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 short term, hence my comment on the $43 level, but the MACD is suggestion the bullish move just began.
If this was helpful for the readers, follow me for more trade ideas.
Thank you,
BK
Chart Patterns
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Konstandinovic
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