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inthemoneystock (< 20)

UAL Takes Off



January 26, 2011 – Comments (0)

United Continental Holdings Inc.(NYSE:UAL) is trading sharply higher today after reporting earnings. The leading airline stock is trading higher on the session by $1.78 to $25.88 a share. UAL will have intra-day resistance around the $26.50 level. Should the stock rally further the next important resistance area will be around the $27.00 level. Please keep in mind that the Dow Jones Transportation Index EFT(NYSE:IYT) is very strong today and this should help to keep UAL stock strong for the session.

Nicholas Santiago

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