UAL long

Updated
UAL Corp. provides air transportation services through it's subsidiary, United Airlines, Inc., in North America, the Pacific, the Atlantic and Latin America. It offers transportation of passengers and cargo. The company operates 3,400 flights and 200 United States domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington. The company was founded in 1934 and is headquartered in Chicago, IL.

Analyst Price target : USD 57.83
Hedge Fund Trend: ▼ Hedge Funds Decreased Holdings by 2.8M Shares Last Quarter
Insider Activity Trend: ▼ Corporate Insiders Sold Shares Worth 3.7M in the Last 3 Months.
New Sentiment : Neutral
Technicals : Positive

After the recent bullishness in prices and the sector finding renewed interest, few things have happened

1. Triple bottom on charts - bullish
2. Breakout with good volume : Bullish
3. Sector breakout : Bullish confirmation
4. Friday close makes price sit right above the 200 day MA

if price sustains above 200 Day MA, its a very bullish sign for things to come . Stay Long!, price targets on the chart
Note
Nice pullback, this could present another entry point, pls do your own diligence
Chart PatternsTechnical IndicatorsTrend Analysis

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