UAL daily chart presented showing Golden and Death Cross prints over the last few years.
UAL recently (late August) printed a death cross on the daily - in which the 50-day MA crossed down past the 200-day MA
A Death Cross print doesn't ALWAYS imply a significant sell-off (see chart), however, chart harmonics seem to be supportive of more down here/soon.
UAL Bulls BEWARE!
No active trades.
Not financial advice.
UAL recently (late August) printed a death cross on the daily - in which the 50-day MA crossed down past the 200-day MA
A Death Cross print doesn't ALWAYS imply a significant sell-off (see chart), however, chart harmonics seem to be supportive of more down here/soon.
UAL Bulls BEWARE!
No active trades.
Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.