mahankazemi1991

UAL Eliot Technical analysis

Long
NASDAQ:UAL   United Airlines Holdings, Inc.
If you have checked airlines recently you would notice they had a good consolidation time and ready for the next run.
I like to see UAL under $50 but it may not happen, average volume is 11M, so check out the volume and any unusaal activity is a signal for the next run.
first target is $64 and the 2nd one is $76
proximate time 6-8 weeks
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