So UU is slightly exhausted, that's why it dropped back down from 1,000.
Anyway it may take a few hours to set up correctly before our next attack north.
I been banging on about this share for last couple of weeks that 990-ish was the bottom.
The brokers have already proven they haven't got a clue by giving targets of 880 - 900 etc.
Even after yesterdays rise, only the 1hr is over bought, with the 2hr to daily is all set up nicely.
Unless MM manipulation, the 990 level or lower will not be seen again!
The FTSE 100 as a whole has just golden crossed in the 10 + 15 MINS
Once the 1/2 - 1hr does then AAL will get a much needed lift.
Give AAL its due, its refusing to drop much below 1,000.
Nearly all of the brokers have downgraded this tto stupid levels of 880 - 900 etc.
This is really swimming against the tide , yet still doing quite well, live now at 1,020
The FTSE 100 just risen from 6,996 - live 7,027 where I think it may have another small breather for a while.
BULL market despite the volatile ups & downs of blue chip today.
Rise to 1,200,
then a breather of approx. 3-5% down to 1,160-ish......not 1,100 as that be too much of a drop.
Anyway lets get to 1,200 & it will be a nice problem to have.