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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. The stock has broken down through support at 35.67, so look for new support at 21.56.
The stock has support at 33.01 and 31.03. If the stock breaks down through support at 33.01 then it will probably continue lower to 31.03. The stock has resistance at 34.04 and at 36.78. If the stock breaks up through resistance at 34.04 then it will probably continue higher to 36.78. The 200-day moving average is at 59.16. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (39.07).”
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