UAL had a previous strong slide along the bands rally and then it pulled back into a complex pullback. It looked like bears had control a few weeks ago but now we broke out of the complex pull back with new momentum and then retested the breakout point creating a higher low and with yesterday's price, a new relative high.
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Get more in-depth analysis on my website: joerodtrades.substack.com
Related publications
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.