UAL three bearish hammers in a row on monthly )))UAL three bearish hammers in a row on monthly ))) I mean this beast just want to sink lower into wave 5 of downtrend
UAL trade ideas
UAL Bearish inclined naked calls 26 Aug expiryWhats The Plan/Trade/Thought
Airlines are doing well with the travel surge, but they are throttling this growth as their operations are unable to handle the demand and the macro economics
Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto aircraft. The disruptions, fueled in part by labor shortages and air traffic control issues, have boosted costs as carriers seek to recover from two years of losses. Now concerns are rising that inflation could quash demand.
www.bloomberg.com
Both DAL and UAL had lacking earnings which is expected
Risk Mitigation
There is an S&R point at 41.10 and 39.88 (9.51% from entry). These are my alert points where I need to get out because I would probably be wrong
Imagine Yourself Taking The Other Side
The flip side would be markets rising despite the interest rate increases. This is a possibility but I won’t take this stance as it is even more risky given the larger bearishness and uncertainty
Look For New Information
I’m rejecting that interest rate hikes could be already priced into the market and as such it will start rallying
Meta also just posted their first ever revenue drop in their Q2 earnings and given how Tech is driving the entire market sentiment this aligns nicely to my bearish stance
Microsoft also misses estimates and reported lowest earnings growth in two years
How Do I Feel Now
Feel abit edgy, because it is really late for optimal Aug trade entries, but we needed to wait because of the Earnings and Interest Rate announcements
Trade Specs
Sold 210 @ 0.30
Strike 43
21% to Strike
74K BP Used
Max Gain: 6300
UAL Bearish inclined naked calls 9 Sep expiryWhats The Plan/Trade/Thought
Similar hypothesis to July’s UAL trade
I do feel that Airline would be the next sector to move upwards as the airline start coping with the travel surge. I would probably have to be more cautious on this after Sep
Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto aircraft. The disruptions, fueled in part by labor shortages and air traffic control issues, have boosted costs as carriers seek to recover from two years of losses. Now concerns are rising that inflation could quash demand.
www.bloomberg.com
Both DAL and UAL had lacking earnings which is expected
Risk Mitigation
There is an S&R point at 41.10 and 39.88 (9.51% from entry). These are my alert points where I need to get out because I would probably be wrong
Imagine Yourself Taking The Other Side
The flip side would be markets rising despite the interest rate increases. This is a possibility but I won’t take this stance as it is even more risky given the larger bearishness and uncertainty
Look For New Information
No new information
How Do I Feel Now
I feel confident about this trade, espeically since we have seen 3 days of pull back with solid red candles rejecting the 39.88 S&R line
Trade Specs
Sold 230 Call options @ 0.2
Strike 43
14.86% to Strike
BP Used: 86,284.50
Max Gain: 4,450
Short scalp UALBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF
UAL breaches Friday's low of $39.04 during Monday's session.
RectangleNeutral pattern until a trendline is broken.
No recommendation.
If you are Bullish or Bearish long enough, you will be right (o:
UAL - Dominant Double BottomsDouble bottom patterns are dominant on this chart The second double bottom is yet to form, I have demonstrated my thoughts on future price action with a bars pattern, portraying the double bottom
United Airlines UAL options ahead of EarningsLooking at the options chain today, i would buy the $50 calls with
2022-11-18 expiration date for about
$2.43 premium.
Looking forward to read your opinion about it.
United Airlines ShortFor training purposes only. Not financial advice. Remember to always trade your plan.
UAL High-risk Initial LongUAL High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
United Airlines (NASDAQ: $UAL) Ready 2 Go Sky High! ✈️United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.
$UAL with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $UAL after a Positive Under following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
UAL Return to Profitability This YearTomorrow UAL most likely will hit my price target from the last chart:
United Airlines Holdings, Inc. (UAL) said it expects to Return to Profitability This Year.
My new price target is $56 and maybe an ultra speculative $78 by Jan 2023.
Looking forward to read your opinion about it.
Inverted Head & Shoulders on the Daily for #UAL play i will be watching heading into earnings as well as the other airlines, as I'm expecting a lot more volume heading into the summer months when most people like to get away. Either way i still feel at this price all the airline plays are under-valued as well as A LOT of other retail fav's
Has United Airlines Reached Its Maximum Altitude?United Airlines has taken off in the last two weeks, but some chart watchers may think it’s reached its highest altitude.
The key pattern on today’s chart is the $40-42 area level. UAL jumped above this price zone in November 2020 when the vaccine news emerged, followed by a successful retest in January 2021. The airline held $40 again in December, January and February before knifing lower in early March. Now UAL is trying to reclaim this range. Will it provide support again, or become new resistance?
Second, notice how stochastics have returned to an overbought condition. This has marked tops several times in the last year.
Finally, the macro environment remains difficult given the rise in energy costs and the increasingly hawkish Federal Reserve.
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United Airlines (NASDAQ: $UAL) Looking Like A Buy Opportunity! United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.
Recap: 3/3 UALStrat play 3/11 41p
Setup: 2-1-2 bearish
Gain: 0.90 -> 1.82
Used midpoint of previous inside bar as stop loss.
UAL upside potentiali`m expecting a bounce from the $40 support level to the $49.20 resistance.
So there`s a 20% short term upside potential in United Airlines Holdings, Inc. (UAL) in my opinion.
Looking forward to read your opinion about it.
UAL Monthly Prediction GOING LONG !!! Good morning everyone, here is United Airlines on the monthly time frame. I will let you know right now, this is a LONG HOLD. That means it will take some time to reach target but the odds are looking really good. Expect some turbulence along the way up with some complex pullbacks, but almost all airlines are in a similar path. UAL, DAL including cruise lines like CCL. Hope this helps, HAPPY TRADING everyone !
I am more than happy to also predict other charts for you whether it's Fore, Crypto or Stocks, love helping other traders out. Reminder though, these are just my personal predictions, Trade at your own risk.
Feeling pretty bearish on $UAL.Feeling pretty bearish on $UAL, it's at a supply level and is at the 61.8% level of the fib too.
