Nov. 14 at 3:19 AM
$UAL Trade Plan:
Market Context: The last close for
$UAL is
$97.17, sitting between the 30-day moving average (MA30) of
$97.45 and the 50-day moving average (MA50) of
$99.66. The RSI at 46.93 indicates a neutral to slightly bearish sentiment, suggesting potential for upward movement if momentum shifts.
Directional Bias: The current price is closer to the lower end of the 60-day range (
$90.57 -
$110.66), indicating potential for a rebound. However, the RSI suggests caution as it is not yet in oversold territory.
Suggested Entry: Consider entering a long position near
$96.50, slightly below the last close to account for volatility.
Stop: Set a stop loss at
$94.00 to limit potential losses.
Targets: First target at
$100.00, aligning with MA50 resistance. Second target at
$105.00, near the midpoint of the 60-day high-low range.
For further insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
