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3 Airline Stocks to Sell or Short

The turbulence around AAL and others makes them attractive short-selling targets

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Airline Stocks: United Continental (UAL)

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United Continental (UAL) shares are testing the support level of a four-month trading range on a surge of negative volume. As a result, the 20-day MA has dropped below the 50-day for the first time since October — threatening UAL stock’s post-2012 uptrend.

I’m looking for a move down to the $38 level, which is the 50-week moving average — a line in the sand that UAL stock held last fall.

I have recommended the UAL April $43 puts to clients.

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