UAL - Rising Trend Channel [MID TERM]

- UAL is in a rising trend channel in the medium long term.
- The stock has broken a double bottom formation.
- A decisive break of the resistance at 44.25 will signal a rise to 47.11 or more.
- The stock has marginally broken up through resistance at 46.00.
- An established break predicts a further rise.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

Chart Pattern:
- Double Top - DT
- Double Bottom - DB
- Head & Shoulder - HNS
- Rectangle - REC
- inverse head & Shoulder - iHNS

Verify it first and believe later.

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