Morning chart- UAL back to breakout area!

Gary Kwapik

By Gary Kwapik — Author

Hello Everyone,

UAL has traded back down to it's breakout area of around 68.

Holding just above the 50 ma this stock could move up again as oil falls.

Oil is down this morning -1.89 per barrel which could give this stock a short term pop.

Moderate IV would suggest that a call debit spread may be considered here or a call position.

Tickers: UAL

Posted to Stock & Option Scout on Feb 04, 2015 — 8:02 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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