Day Trading Radio Blog Alert - UAL Corp
Published: Wed, 06/17/09
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- UAL Corp - 2009-06-17 21:03:54-04
Took a position in UAUA today, feel the airlines are due for a move, This is coming of a recent double bottom, actully a triple bottom if you look far enough back, Very solid support at 3.50. The RSI has bounced of 30 really nice, Stochastics have crossed and look to be turning up, almost twice the average volume today. The OBV looks ready to pop as well. Has a strong downtrend line formed, which is my first target 4.80.