UAL: Long term long entryWe have shared this entry in the KHL chatroom. You can still enter at market, or buy dips to the key level at 45.
With oil possibly topping for the year, this can be an excellent trade.
Props to Tim West and his Key Hidden Levels. I've come a long way thanks to his mentoring.
Leave comments if you take the trade with me here (or if you've taken any of the ones I posted before). It's a great encouragement, and can sometimes have a bigger impact than just material gratification from succesful trades, or from my customer base.
Have a nice weekend!
Ivan Labrie.
United
DOW JONES OVERVIEW: UTX IN MACRO UNCERTAINTY, ON SHORT TERM RISKUnited Technologies in a very risky situation...
On long term basis price is trading between 10-year and 5-year means. Price close to macro means is actually an outlier, an indication of uncertainty of major market participants and investors regarding the stock.
On short term basis price is currently on downward risk, as it trades below the 1st standard deviation form both 1-year mean and quarterly means - at 98 and 89 respectively - indicating downtrends on yearly and quarterly basis basis.
