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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 implies it is in a negative trend.
The stock has support at 21.56 and 17.80. If the stock breaks down through support at 21.56 then it will probably continue lower to 17.80. The stock has resistance at 31.84 and at 34.04. If the stock breaks up through resistance at 31.84 then it will probably continue higher to 34.04. The 200-day moving average is at 72.96. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (20.10).”
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