United Airlines Holdings, Inc.
Long
Updated

UAL: Update - Potential Elliot Wave Development

1 849
After the price completed an ABCDE correction in the form of a descending channel we saw a small downward movement that tested the low of the pattern again.
Now the price is showing a clear direction of what I was expecting previously.
Actually, we can anticipate another move up that may continue to develop as another impulsive wave.

Targets:
49.80
52.00
54.90

Thank you and Good Luck!

Previous idea:
UAL: Potential Elliot Wave Development
Trade closed: target reached
Targets 1 and 2 have already been achieved
snapshot
Trade closed: target reached
snapshot

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