$UAL
Added 2024-05-30 10:12:51 +0000 UTCUnited finished +2.5% yesterday in spite of the difficult day from $AAL....the market feels that $UAL and $DAL are not in the same situation as $AAL right now.
We can see on the chart that $UAL stopped out at the top of the wedge line which is a good sign, we have identified that this is an important level for the bulls to break out of, as this is the 3rd time this level has acted as a resistance, so if the bulls can break above this level at $55 and flip it to support, we have our buy signal to ride the wave up for Wave 3.
Bulls should be looking for a test of the 50 and 200 Day MA now to hold next.
