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nagabrahmam

UAL trading in range

Short
United Airlines Holdings, Inc. (NASDAQ:UAL)  
nagabrahmam  
NASDAQ:UAL   United Airlines Holdings, Inc.
Support and Resistance Multiple Time Frame Analysis Candlestick Analysis UAL ualshort stochasticoscillator macdcrossover multitimeframeanalysis
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supportandresistance mtfa candlestick ual ualshort stochasticoscillator macdcrossover multitimeframeanalysis
UAL has been trading in a range since Nov 2021. Currently at the top of the range. On daily its a 2D with Stochastics and MACD pointing downwards. On weekly its an inside bar.

Idea is to go short at the break of weekly low ($51.81). Take profit is at $48.19 where there has been multiple S&R bounces.
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