Whilst the main market saw a day of minor chop, there was notable strength in United Continental (UAL) which settled +4.8% at $78.55. This was a massively bullish technical breakout to new historic highs, and offers much higher levels into 2018.
UAL, daily
Summary
The company/stock is clearly still massively tainted after the recent 'incident', which was politely settled out of a court room.
Today's push upward was a massively important bullish breakout, with the 76/75s now first short term support. Arguably, the mid term outlook is bullish unless a break <70.
It can be expected that mainstream chatter of '$100' will soon begin, and some will understandably be surprised considering the very negative publicity.
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Meanwhile... the CEO for Qantas...
... which leads to...
Does UAL or any airline have Jeopardy as inflight entertainment, especially in late afternoon?
yours... prefers... trains.