United looks poised for a breakout. It continues to use the more recent support level at about $40.54 to rebound and head upwards. It has been moving mostly laterally but also has been making progress upwards. Based on it RSI (64.67) and its D+ line crossing over the D- line and the ADX beginning to slope upwards to show that the trend is gaining momentum, the technical indicators show that it is poised for a breakout. That is just the technical side of it; today, their CEO talked about how they were investing over $8 billion and that they have set multiple days with record travel in the month of June. That coupled with a price to earnings ratio of 8.15 and its good technicals show that it will breakout in the near future. I will be taking a long position and recommend you do the same as well.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.