The bullish DailyPlay we chose for Friday Sept 23rd is United Airlines (UAL). UAL is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 1.70% move lower but it’s 1m and 6m trend turned neutral from bearish yesterday and recently broke above its $57.50 resistance level.
United Airline’s 1m and 6m trends turned bullish yesterday while bouncing higher off its $50 support level. With a technical score of 2 (out of 10), UAL looks positioned to continue this strong bullish trend higher.