UAL daily chart presented showing Golden and Death Cross prints over the last few years.
UAL recently (late August) printed a death cross on the daily - in which the 50-day MA crossed down past the 200-day MA
A Death Cross print doesn't ALWAYS imply a significant sell-off (see chart), however, chart harmonics seem to be supportive of more down here/soon.
UAL Bulls BEWARE!
No active trades.
Not financial advice.
UAL recently (late August) printed a death cross on the daily - in which the 50-day MA crossed down past the 200-day MA
A Death Cross print doesn't ALWAYS imply a significant sell-off (see chart), however, chart harmonics seem to be supportive of more down here/soon.
UAL Bulls BEWARE!
No active trades.
Not financial advice.