UAL trade ideas
airlines are flying ! get it ? ;)top trendline broke and is now acting as support, we see this pattern everywhere! extremely bullish one.. congrats to longs. bear season is over :( spy 420 coming soon. UAL should hit 68 in then ear future! diamond hands!
Rolling (IRA): UAL June 16th 32 Short Put to the June 16th 42... for a .64 credit.
Notes: A continuation of my UAL covered strangle which consists of a (now) monied Jan '22 47 covered call and a short put. Price has ripped through my short call strike (which is fine; it's got plenty of time to go, so just going to leave it alone, let the extrinsic piss out on the call side). Reducing cost basis a smidge further by rolling up the June 32 to the 42 for a credit. Cost basis of 42.41, so a current max profit potential of the short call strike (47) minus the cost basis of 42.41 or 4.59. Earnings are in 44 days, but am going to go ahead and "play through" ... .
Enter UAL now to 64.50 on a shorter time frame and next leg upEnter UAL now to 64.50 on a shorter time frame and next leg up to 81
UAL One of The Stronger Airlines, Watch for 56 Retest SoonUAL one of the better Airline plays. Had a great run up to the 56.00 mark before taking a breather. On watch for a retest of 56 if the vaccine rollout continues to pick up steam. Don't forget the spring break catalyst and some states fully opening up and easing mask restrictions.
Cup and HandleHandle Low is close to mid cup. Support should be strong in that range.
UAL has broken out, a thowback occurred and is now under long entry again. I guess most of the market had a throwback recently )o:
Not a recommendation
$UAL LONG $UAL major resistance acting as support, this brings us at low risk and a high reward, I think it is a good long opportunity. personally, I would want too long at $50 but long calls or shares nonetheless
UALShares of United Airlines Holdings Inc. UAL, +2.56% rose 1.20% to $53.31 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -1.31% rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA, -0.39% rising 1.95% to 31,535.51. This was the stock's second consecutive day of gains. United Airlines Holdings Inc. closed $10.22 short of its 52-week high ($63.53), which the company reached on March 3rd.
The stock outperformed some of its competitors Monday, as Southwest Airlines Co. LUV, +0.02% fell 0.12% to $58.06, Delta Air Lines Inc. DAL, +0.25% rose 0.25% to $48.06, and American Airlines Group Inc. AAL, +3.40% rose 1.15% to $21.18. Trading volume (19.4 M) eclipsed its 50-day average volume of 14.7 M.
United Airlines March Future!This graph is the trend of the month of March so far. I am not a graph person, but I use this as a business tool to see if where I can get the best price for my investment for the month. Again I don’t use charts like that so this isn’t the best!
United Airlines Lines GroupUnited Airlines Mission Statement
Our approach is treating diversity and inclusion like a core leadership competency, taking diversity well beyond compliance. The goal is for leaders to create a culture where acceptance and appreciation of everyone is the norm and each employee is comfortable bringing their full selves to work. Our mission is to create an inclusive work environment, characterized by dignity and respect, that empowers every employee to serve the global marketplace and contribute to our success.
United Airlines Vision Statement
Through our Diversity and Inclusion strategy, we find innovative and effective solutions to engage employees from diverse backgrounds and cultures in taking our flyer-friendly service around the globe. We are driving to become recognized as an airline where: leaders embrace diversity and inclusion as a business advantage employees feel highly valued, are actively engaged and are treated with dignity and respect customers value our inclusive approach to delivering flyer-friendly service
I expect price to hit $64.98!
Like, Follow, Agree, Disagree!
My name is Ski Mask and I've been making bad decisions all my life
The $UAL chart looks amazing$UAL is on its way to at least $70. I'm long since $40. It's not a trading advice. It's only what I do.
UAL Lots of rotation in the travel sector and UAL was hit a good amount today in flow. RSI is a bit high so looking to enter around $48 if it continues with volume or a pullback to occur and then try and get in around $46 or so. If it can break through that weekly fib it has some room to run.
Long term pros:
Stimulus news is upcoming + vaccine rollout.
Still down about half from COVID highs
Short Term Pros:
Lots of flow
Long Term Cons:
Airlines may never pick up where they were before in terms of price
Vaccine Rollout
Short Term Cons:
RSI looks to be a bit high so a pullback is due
PT:
$54 by the end of March depending on if pullback occurs
Invalidation:
$44
Long | UALNASDAQ:UAL
Possible Scenario: LONG
Evidence: Price Action,
TP1 ~50$
* 10% Profit
This is my idea and could be wrong 100%
UAL BounceUAL ran up into highs that act as resistance, the 52 level is a supply zone, where sell-side comes in. I project a bounce down back toward the moving averages to the 46.5 level.
UAL meets strong resistance above 50. More consolidation neededStrong resistance above 50. Definitely require a greater volume to break out. MAs are lined up which looks great! However, too big of a swing from 40-50. More than likely, we will need a few more swings to build a solid VCP pattern before a solid break-out occurs.
Consolidation underway. Be patient it is happening
United Air lineBased on analysts offering 12 month price targets for UAL in the last 3 months. The average
price target is $48.91 with a high estimate of $62 and a low estimate of $32.
Analyst Firms Making Recommendations
B OF A GLBL RES
BARCLAYS CAPITA
BERENBERG BANK
CITIGROUP
COWEN & COMPANY
DEUTSCHE BK SEC
EVERCORE ISI
EXANE BNP PARIB
GOLDMAN SACHS
JEFFERIES & CO.
JP MORGAN SECUR
MORGAN STANLEY
RAYMOND JAMES
SANFORD BERNSTE
SEAPORT GLOBAL
STIFEL NICOLAUS
SUSQUEHANNA
UBS
VERTICAL RESEAR
WOLFE RESEARCH
*** at least there some insider bought
Insider Ownership Percentage: 0.40%
Insider Buying (Last 12 Months): $93,100.00
Insider Selling (Last 12 Months): $14,330,625.40
***Assets more than liabilities.
Period Ending: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Total Assets 59548 52611 49024 42346
Total Liabilities 53588 41080 38982 33612
Total Equity 5960 11531 10042 8734
Strong institutional ownership is an indication that hedge funds, large money managers
and endowments believe a company will outperform the market over the long term.
Well Institutional Ownership Percentage: 60 % 3ed in ranking
74% of South West air line shares are owned by institutional investors
73.1% of Alaska Air Group shares are owned by institutional investors
-60.9% of United Airlines shares are owned by institutional investors
-59.5% of Delta Air Lines shares are owned by institutional investors
--44.4% of American Airlines Group shares are owned by institutional investors
