UAL two scenarios Personally, I believe airlines are starting to recover but there's no telling if UAL will hold and bounce or breakdown. Sitting by to watch for more clarity.
UAL trade ideas
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 prediction I see it will get to near $60-$62 by 4th of July . will dip a little bit but wont brake the support line , then eventually will bounce back in Aug. and go above resistance . I'm not a pro , just sharing my idea . let me know what you think
we all learn from each other .
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.
UAL Up Move (Monthly Time Frame)Expect maybe a deeper pullback, however, overall move is to the upside. I will personally take some of my position around the $75 dollars and remove my final position at the $92 dollar point. This will take some time (long term trade). Happy Trading everyone !
UAL LONG OPPORTUNITYBreak out of parallel channel, and wedge formation. To complete fibonacci targets.
UAL Potential Breakout - Key LevelsUAL looking solid for the next move up soon.
Key Levels -
Overall Support: 49.74
Potential entry: 54.40
UAL Round DownUAL has reached the top of its consolidation range and has bounced lower off it. Its beneath its moving averages and looking to trend down rounding down to the bottom of the channel to the 50 level.
$UAL Solid Uptrend and PatternsUAL is in the process of repeating its pattern for the fourth time and should give a solid 21% gain to recent resistance of $62 over the next two months or so. Once it breaks through $62, I would expect the next resistance level to be $70, back from 2015 and 2018 highs. It's also a nice round number that people would want to take profits at.
Rolling (IRA): UAL June 42 Short Put to September 41... for a 1.09 credit.
Notes: A continuation of my UAL covered strangle. (See Post Below). Now that earnings are in the rear view mirror, rolling out to reduce cost basis further (now at 41.32) while simultaneously reducing risk a little bit since the September 16 delta is a little more away from current price. A little bit longer in duration than I'd like to go, but there's no July to roll to.
$UAL with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UAL after a Negative Under reaction following its earnings release placing the stock in drift D
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