BUY UAL 11/10/2021You can buy UAL target 54 stop loss 46.75
money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
UAL
10/3/21 UALUnited Airlines Holdings, Inc. (UAL)
Sector: Transportation (Airlines)
Current Price: $51.34
Breakout price trigger: $50.00 (hold above)
Buy Zone (Top/Bottom Range): $49.60-$46.80
Price Target: $52.80-$53.20 (1st), $54.90-$55.60 2nd)
Estimated Duration to Target: 25-27d (1st), 67-70d (2nd)
Contract of Interest: $UAL 10/15/21 52c, $UAL 12/17/21 55c
Trade price as of publish date: $1.40/cnt , $2.49/cnt
Rolling (IRA): UAL October 15th 48 to November 19th 48... short call for a 1.37 credit.
Comments: Trying to milk a little more out of this covered call by rolling the short call aspect out a month to November while the implied is >50%. My cost basis in my shares was 46.93 (See Post Below); rolling out the short call reduces that to 45.56 with a max profit potential of the short call strike (48.00) minus my cost basis (45.56) or 2.44 ($244).
Opening (IRA): UAL October 15th 48/60 Short Call Vertical... for a 1.07 credit.
Comments: I have a September 17th in-the-money 48 short put that I will be assigned on, as I don't see this ripping to 48 by the end of the day. The short call aspect of this spread will cover the stock once I'm assigned, with the buying power attributable to the spread being freed up after assignment of the stock. Because I've attributed the credit received for the 48 to another UAL position (January 47 covered calls), I'm treating this as a new trade for cost basis purposes with the resulting cost basis being the short call strike (48.00) minus the credit received here of 1.07 or 46.93/share.
I ordinarily just wait until assignment, but wanted to do some of my post-opex housekeeping today.
UAL: ABCD upside tradeI like to see ABCD patterns after a double bottom, especially with momentum strengthening.
This move should pan out within a week. If it doesn't, chances are the pattern isn't playing out.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
A review on my short analysis after 5 days!You can benefit from the market when it goes down as well if you know how to do it:
August 15 2021:
AAL:(private post)
You judge the accuracy, it is published when the market was close(weekend)
Airlines are neutral to bearish..!None of the airlines in the charts have any bullish signs!
They all broke their trend lines in the weekly charts and currently they have made consolidation patterns in daily charts!
I am looking for short opportunities in them for the coming week!
ual w3 setupthis is a risky one, but i have this feeling the travel sector is going to see a large influx of money over the coming days.
w3 target = $57
ual setupshort airlines,
thank me later
i have this feeling, i can't explain it to you in words - but i'm going heavy into airline shorts from here.
look for 2022 expiries, give it some time - and one day, you'll wake up and be like "how did elo know"?
Take-off for UAL but it could be a dangerous flightUAL recently smacked a support level at around $48 and seems it could possible rebound to the upside. However there is very major catalysts for UAL to further within the coming weeks. Covid is still relentless as always and with the new 'Delta variant' proving to be more adaptive, and dangerous it could potentially impact the already suffering fundamentals of the airline industry. One thing going against the virus is the current vaccine rollout which is currently on par with expectations. This could then act as a buffer for UAL despite the new developing strains such as the delta and lambda variants.
As its currently summer in the US as expected flights have been increasing and interestingly enough even bet pre-Covid levels which is great news for UAL and other airlines.
From a technical standpoint indicators push a bullish narrative with the Bollinger bands, rsi and mean reversion being oversold signalling a buy opportunity.
Alot of support levels also were prominent where there was support level from the 32.8% Fibonacci level, linear regression aswell as the 180 day sma.
Overall it appears like UAL has momentum to launch from its current price, possibly to $53 prior to hitting a resistance channel. However due to the nature of the company negative news sentiment will be very influentially on the stocks price so be wary.
𝗧𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁𝘀 𝗨𝗽𝗱𝗮𝘁𝗲: $DJT Daily. 🐂-ish DivergenceBullish divergence at bottom of channel. Possible run to start on false #DeltaVariant fears?
$TRAN $IYT $JETS $AAL $UAL $DAL $LUV $FDX $EXPE $BA $SPY $ES_F $VIX $DIA $DJI #Stocks #Transports 🛫
UAL's going for 77k USDUAL is in a channel up, going for the 77k USD
My biggest concern is the new covid delta variant, however pfizer vaccination used in the states seems to be working well.
UAL - Double Top in August 2021Looks like a little more down and then a reversal back up for a potential double top in UAL later this summer. Potential downside Target ~$52.xx then upside Target ~$63.00. See chart.
No active trades currently.
Not financial advice.
$UAL volatility and close inside the descending line i sold at days highs and i bought them back at green line but the close is inside the descending line which is positive from potential up break out after the strong buys at lows!
$UAL higher high -lower low today on uptrend line it is a recovery play that seems at this price levels the decline has just finished.
long
Long | UALNASDAQ:UAL
Possible Scenario: LONG
Evidence: Price Action
TP1: 62$
Call options, Strike 62$, 06/04/21
*This is my idea and could be wrong 100%
Rolling (IRA): UAL September 17th 41 Short Put to the 48... for an .81/contract credit.
Comments: A continuation of my covered strangle, consisting of January '22 47 covered calls plus the short puts. It's taken off quite rapidly here, so rolled the short put up today to reduce cost basis further. Cost basis at 41.32 (See Post Below) minus .81 or 40.51. This will make this a nice winner assuming the short put approaches worthless, and it stays above 47 running into January expiry.
UAL speculation. Possible sudden increase in price.I think this is just a matter of time before the price comes back to the state before COVID.
I tried to describe everything in the graph.
Enjoy reading.
AAL - Airlines recovery, BUY opportunityWe can see a nice wedge breakouts on rising volume in airlines.
Fundamentally, we should take into a consideration deffered demand on trips due to COVID restrictions. Combined with Technical Analysis it means that airlines have space to growth.
I am publishing this idea a bit later then I should, but still it is a great buy opportunity.
Keep in mind your possible risks. Probably AAL will give a chance to take a large position on retest (level 22.30). Stop Loss 21.00
UAL LONG OPPORTUNITYBreak out of parallel channel, and wedge formation. To complete fibonacci targets.
$ ROKU $RBLX $UAL $C I OptionsSwing WatchlistROKU 15M I ROKU has been squeezing tight after reporting earnings and it is trading within a wedge on the 15 minute time frame.
RBLX 15M I Performed well after its recent earnings and investors are seeing as more than just a game. Looking to trade a breakout from the current downtrend.
UAL 4H I As CDC softens its rules the travel industry gained some territory today. UAL is looking to break from a bull flag.
C 15M I Watching C break above ATH levels.
