United Airlines (UAL) has had a huge move up lately, but I wanted to point out an important price gap that it is approaching. I may consider taking on a bearish bet for UAL if it gets any closer. The gap is highlighted in the chart.

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United Airlines (UAL) has had a huge move up lately, but I wanted to point out an important price gap that it is approaching. I may consider taking on a bearish bet for UAL if it gets any closer. The gap is highlighted in the chart.

If I may engage in the exercise of patting myself on the back, my oft-repeated declaration that the gap on the $HSI was the target was prescient. I haven’t computed it, but this looks like 99.99% spot-on.

We are awfully close to that price gap on the Hang Seng Index. Will this be the end of the China sell-off?

Scandal-plagued Super Micro Computer Incorporated (SMCI) keeps fighting back to its gaps, and it’s happening again. This might be presenting another appealing risk/reward ratio now that the accusations against SMCI have, for the moment, dissipated.

No clever post title this time. That pretty much just lays it on the line. It’s all about the price gap.
