Issued: 02/25/2015
UAL Continental holdings Inc.
1. In Tues. (Feb.24) Williams edge stock meeting it was noted that UAL Continental holdings was expected to decline and test/attempt $66.50 (or lower) into the week of March 2 (+1 week).
2. Yesterday (Tues., Feb. 24) is the next important daily top in UAL Continental holdings. Therefore, UAL is now in a ‘Sell’ position for further decline and test/attempt at $66.50 (or lower) as noted above. Today’s (Wed., Feb.25) session closed at $68.67.
3. From this point forward, there should be no daily close above $71.50, or worst case, $72.60 prior to completion of the $66.50 downside target (or lower). Therefore, a protective stop should be placed above either level. Will update as the market continues to confirm.
David Williams
Issued: 02/26/2015
UAL Continental holdings Inc.
1. In Tues. (Feb.24) Williams edge stock meeting (and subsequent reports) it was noted that UAL Continental holdings was expected to decline and test/attempt $66.50 (or lower) into the week of March 2 (+1 week).
2. Today’s (Thurs., Feb. 26) UAL session declined further and completed the forecast $66.50 downside target, completing the trade. Will message any further entry or indication in UAL Continental holdings.
David Williams