$UAL United Airlines Holdings Inc Stock Robo Analyst June 10 2020 #UAL
United Airlines Holdings Inc (UAL) “On a long-term technical basis, the stock (UAL) is trading below its 200-day moving average which generally implies it is in a negative trend. If the new level of support at 43.48 holds, look for a bounce to the next resistance level at 55.88. If the stock breaks up through resistance at 55.88 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.
The stock has support at 43.48 and 39.78. If the stock breaks down through support at 43.48 then it will probably continue lower to 39.78. The stock has resistance at 55.88 and at 67.18. If the stock breaks up through resistance at 55.88 then it will probably continue higher to 67.18. The 200-day moving average is at 67.18. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (87.32).”