United Airlines tries to shake off negative pressure - Analysis - 20-11-2023

United Airlines Holdings' stock (UAL) rose in the intraday levels, while buoyed by piercing the downward correctional trend line previously in the short term, as the stock tries to shake off negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels.

Therefore we expect the stock to rise and target the resistance of 46.30, provided the resistance of 41.00 was breached. 

Expected trend for today: Likely Bullish