United Airlines Zones
Colors
Red = Sell
Green = Buy
Gray = Do nothing
Orange = Small short till blue
Blue Institutional buying = already happened at least once
Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol
IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back.
One interesting thing is I am finding cash flow of Quarterly Operating Expenses of drastic change immediately the next month or two lead to downtrends/or reversals of a decent amount. Need to do some algorithms in Tableau to test out my theory. It makes sense, if the company has less operating cash flow how can they run a profitable business for the next earnings report?
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