I reccomend taking longs in UAL at market price, it'll be a good addition to your portfolio here. Risk a new monthly low, and enter at market. We will trade around this core position in lower timeframes if doable. With oil sky high and about to turn down, I feel this is an ideal vehicle to profit from the incoming drop. Risk 0.5% on this entry for now.
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Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/ We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
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