1UAL trade ideas
$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.
UAL Confirmed Head and Shoulders Neckline Break and RetestThis is a bearish continuation on my Earlier post of a Potential Right Shoulder Setup and it is also earnings today. I suspect we will continue going down today after earnings release and continue towards the targets of the original setup which can be found in the related idea section below.
Closed (IRA): UAL January 21st 47 Covered Calls... for a 45.41 credit.
Comments: A late IRA house keeping post. This is the last of my reopening trades. My cost basis in my shares was 43.05 (See Post Below) with a bunch of scalping around my covered call. A 2.36 ($236) winner that I'm glad to see the back of, since we have earnings in 11 days, and I'd rather not have single name risk in my IRA.
UAL Bullish inclined Naked Puts 10 Dec Expiry (Dec Track 1)Whats The Plan/Trade/Thought
This trade is slightly risky as it is not an ETF. But it's current price movement mirrors JETS etf and this will allow me to get a decent price based on my outlook on travel as a sector
Overall we are seeing Leisure and Hospitality with the largest job gains (Oct data). However in terms of Job postings, while all sectors are seeing increases. Hospitality & Tourism have the lowest postings
If you look at the high Job Gains and the low Job Postings. We can make the assumption that people are filling up Leisure and Hospitality jobs easily but the supply of jobs is just not enough for the number of candidates available.
This also means that the Leisure and Hospitality sector are being very very cautious and this is reflecting in the price movements despite the largely bullish S&P moves. However it is not contrarian, just dulled and pensive
UAL in Oct has also posted higher than expected revenue but is still below 2019 numbers (Before COVID19)
UAL has made higher lows in the past 2 months
I Feel
I feel I have a good assumption that is a reflection of the current market movement. I am also not predicting any direction in my analysis
Imagine Yourself Taking The Other Side
This is an easy position to take the other side even if I was bullish. The price is currently ranging and while it has previously broken the resistance line at 51. It has whipped back below the line.
It is possible for it to continue to range down to 43.20 and still hold true to my thoughts on the sector
Imagine Yourself As A Neutral Observer
This trade is slightly worrying based on the position of the Strike within the range.
But if I follow the overall market bullishness I feel we are at least standing on the right side of the fence.
Look For New Information
No new information, but current price movement on the 15 Nov has not followed Friday's drop and feels like it is testing the S&R line
How Do I Feel Now
I'm going to look at it from an hour, breath and then enter if nothing comes up
Trade Specs
Sold 160 Puts @ 0.33 - Strike 44
% to Strike 12.23%
ATR % is around 1%
BP used 70k
Max Gain: est $5280
$UAL Three black crows on the weekly chart.Biden travel restrictions are likely to run this company into the ground.
The writing is on the wall, with the airline advertising European destinations at heavy discounts.
All these routes will be lost. Travelers have had enough of the harassment at the airports and have canceled their trips.
Any and all pullbacks should be short-sell this winter.
United Airlines Preparing For Take-OffLooks like United Airlines (UAL) is preparing for a long run.
1 Hr shows significant oversold.
Still way below pre-Covid prices and reported a 450% increase in Holiday bookings.
This is a no brainer.
Price target around $75 - 80
Potential 60% gain!
Patience is Key!
Shooting Star Reversal at a Potential Right ShoulderI will be targeting a 30-50% decline in price from here on this Head and Shoulders trade.
UAL: Potential Elliot Wave DevelopmentThe price completed an ABCDE correction in the form of a descending channel.
Actually, we can anticipate another move up that may continue to develop as another impulsive wave.
Targets:
49.80
52.00
54.90
Thank you and Good Luck!
UAL: Update - Potential Elliot Wave DevelopmentAfter the price completed an ABCDE correction in the form of a descending channel we saw a small downward movement that tested the low of the pattern again.
Now the price is showing a clear direction of what I was expecting previously.
Actually, we can anticipate another move up that may continue to develop as another impulsive wave.
Targets:
49.80
52.00
54.90
Thank you and Good Luck!
Previous idea:
Ual trade plan Ual Resisted the urge to fill the gap below and has formed a very nice inverse h and ascending triangle. Personally i am more bullish at the moment and in the long run hit it has to fill the rest of the gap eventually.
Closing (IRA): UAL November 19th 48 Covered Call... for a 47.62 credit.
Comments: With a cost basis of 45.56 (See Post Below) and only .38 of extrinsic left in the short call, taking profit on this puppy here on this up move. 47.62 - 45.56 = 2.06 ($206) profit. Still have the January 47's on.
