UNITED AIRLINES HOLDINGS INC. Stock Code UAL.NAS
Price, after reaching a high of $63.70 on 18 March 2021, has been declining and in the previous trading session, has come close to the lower edge of the cloud. Conversion line and Base line had a bearish crossover and is hinting of a bearish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is above the zero line but is heading lower. Price had broken below an Ichimoku V-shaped support and could be heading to the V-shaped price projection target of $41.50 in the next 2-3 weeks ahead.
$41.50 Price Target
$55.60 Risk Management Stop
3 weeks Trade Duration