Then, The Earnings

Is United (UAL), about to hit an ‘air pocket’?
When we look at the earnings, it appears all is well, link here.
Of course, the article makes sure to tell us, UAL has ‘tripled’ in price; so, it has.
But what now?
Even as this post is being created (12:14 p.m., EST), UAL, is posting the makings of a decisive reversal (not advice, not a recommendation).
United Airlines, UAL, Daily
There’s not much to say, there it is.

What’s not shown, today’s action is the top of a wedge measured move, going back to early 2021.
We’ll cover that later.
Stay Tuned
Charts by StockCharts
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279