Rising momentum is seen for UAL after mid-term stochastic oscillator performs an oversold crossover and rising momentum. Furthermore, the 23-period RSI has rose steadily above the zero line.
Meanwhile, price action saw a strong potential inverted head and shoulder with an ascending triangle in place. Ichimoku's conversion and base line has performed a crossover, indicating an early signs of uptrend returning. Will buy spot or wait for a small retracement until 73.46. or 68.00 to enter a buy. 1st target at 100.00
Meanwhile, price action saw a strong potential inverted head and shoulder with an ascending triangle in place. Ichimoku's conversion and base line has performed a crossover, indicating an early signs of uptrend returning. Will buy spot or wait for a small retracement until 73.46. or 68.00 to enter a buy. 1st target at 100.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.