UAL trade ideas
Triangolo in rotturaSi è completato un triangolo simmetrico, che sembra voler essere rotto a ribasso.
Complice il momento macroeconomico negativo dovuto al lockdown, le compagnie aeree avranno difficoltà a riprendersi presto.
Questo potrebbe portare il titolo a scendere fino alle aree indicate grazie a Fibonacci.
Record Breaking Volume Bullish SignalUAL witnessed a record breaking daily volume today while it struggled not to lose this support. At any rate, it feels like the buyers won. But we will see for sure in the upcoming days. If you want to be safe, wait till it breaks up the trigger line. And in the unlikely event of losing this support, you could close your position and wait to see how it treats the last low.
UAL Long, Option trade with big stop bufferExisting Condition:
1. Wedge pattern
2. 3rd touch at the bottom trend line.
Stock Entry: below 26
Stop: 24 (after trendline break)
Target: 50; risk/reward=1:12
Stock trade might be stopped easily.
If it is not an option trade, better wait to short after the bottom trendline break;
or Long after the top trendline break.
In option trade, I bought Sep Call butterfly C35/50/65 (Delta 0.11), limit 1.61;
Sell P13 (Delta -0.12) Limit 1.63;
Total simulate long 23 shares stock for free.
Option stop 13. it is the next fresh weekly demand zone.
If stock price stays between 13 and 35, no gain, no loss;
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
$UAL ER coming up. In wedge formation.$UAL ER coming up. In a wedge triangle currently. Waiting for breakout of wedge before ER. Thoughts?
$UAL is it all on the table now ? Shares of United Airlines Holdings Inc. UAL, +3.08% dropped 6.8% in premarket trading Monday, after the air carrier said a recorded a much wider-than-expected first-quarter loss, and announced plans to borrow up to $4.5 billion under the Coronavirus Air, Relief and Economic Security (CARES) Act. The company said on a preliminary basis, it recorded a net loss of $2.1 billion, and a loss of $1.0 billion on an adjusted basis, which excludes non-recurring charges and losses. The FactSet consensus for net losses was $622.7 million and for adjusted losses was $533.5 million. United said revenue fell 17% to $8.0 billion, below the FactSet consensus of $8.35 billion. United said it submitted an application to loan program under the CARES Act, which has a term of up to five years. If the company borrows up to $4.5 billion, it will be obligated to issue warrants for the government to buy 14.2 million shares, or about 5.7% of the shares outstanding, at a strike price of $31.50, which is 8.3% above Friday's closing price of $29.08. United also expects to receive $5.0 billion through the Payroll Support Program (PSP) under the CARES Act, which will require United to issue warrants to buy 4.6 million shares (1.9% of the shares outstanding). Separately, United said it entered into a sale-and-lease agreement with BOC Aviation for 16 Boeing 737 Max aircraft and 6 Boeing 787-9 aircraft, which are scheduled to be delivered this year. The stock has lost 67.6% over the past three months through Friday, while the Dow Jones Industrial Average DJIA, +2.99% has declined 17.4%.
Source marketwatch
UAL - 4/18/20UAL Tenkan sen touched Kijun sen and moved away from it. It was very tinny, can't see without enlarge the chart ;).. still bearish, no or little cloud ahead that nobody plans to sell it to make a profit ;)..
United Airlines Zones
Colors
Red = Sell
Green = Buy
Gray = Do nothing
Orange = Small short till blue
Blue Institutional buying = already happened at least once
Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol
IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back.
One interesting thing is I am finding cash flow of Quarterly Operating Expenses of drastic change immediately the next month or two lead to downtrends/or reversals of a decent amount. Need to do some algorithms in Tableau to test out my theory. It makes sense, if the company has less operating cash flow how can they run a profitable business for the next earnings report?
$UAL United Airlines continued to rise after Thursday close
Buyers continues to step into the airline sin the after hours session on Thursday
possible setup to watch for , trading to the W breakout level or trade the actual break.
PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR WORK, THANK YOU.
Airlines Investment PlanAirlines are currently taking a beating and Throughput is decreasing drastically each day. At the beginning of March throughput via TSA was recorded at 2,280,522. On March 31st, throughput was recorded at 146,348.
68 TSA screening agents have tested positive for COVID-19 and Airlines will continue to suffer while throughput is low.
This makes for a great time to buy discounted shares in $UAL and $DEL
Plan:
Accumulate shares in Delta Airlines as well as United Airlines once a week or every $2 down for the time period that United Airlines and Delta are in their respective buy areas.
United Airlines and Delta will recover! The government will also likely bail them out!
Ask yourself this. 2 years from now what do you see the Airline Industry looking like? Are you willing to let your investment sit for 2 years?
If the bottom ends up being $5, great you likely were able to accumulate at $22.50, $20, $18, $16, $14, $12, $10, $8, $6 and more.
If the bottom ends up being $15, great you likely were able to accumulate at $22.50, $20, $18, $16 and more.
If the bottom is $23 you don't get a single buy-in, great you risked nothing. Do not purchase shares because you feel that you missed out on your target prices. Stick with your targets.
My goal is to get 5-20 buys of Delta/United in the buy area. If your unit size is $1000 each that is $5000-$20000 invested.
The goal is to hold these shares to a minimum of $45 each before I start exiting. I do not plan on exiting all at once.
UNITED AIRLINES Showing a Very Weak Bull TrendUAL have retraced up to 78.6% which shows very weak bull trend by now. I am expecting price will pull back up to the key resistance I have highlighted and will start falling back to the lower low printed on Monthly time frame.
A downtrend on United Airlines.A downtrend is developing in United Airlines since the last 27 days. Until the price breaks this bearish trend line, it will drop. When the price breaks up the line and the volume confirms it, we can establish a long position, with the stop loss near to the trend line. Chart temporality: 1 day
