11am update - UAL making a break for it

Whilst the main market sees continued chop, one notable mover is the airline stock United Continental (UAL), which is making an attempt to break the key recent high from late July in the 36s. A daily close in the 37s will open up much higher levels in the days and weeks ahead.


UAL, daily

Summary

*whilst the main market is..dull..I'll largely continue to focus on individual stocks.
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As for UAL, no doubt lower oil prices are going to really help Q4 earnings.
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Meanwhile, metals remain weak, although nothing too dramatic yet.
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11.05am.. UAL jumps another 2% in the last 10mins..and metals are starting to unravel...Silver -2%.

Main market looks a touch weak...and the 1730s remain a valid target..not that I think its trade-able.
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Looking way back....UAL...the obvious upside target is the double top of $47...

So....$10 upside..to go...by late spring 2014 ?   Probably.