Airlines Surge; United Up Over 18%

09/10/2009 3:34 pm EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart
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The airline sector has been very strong as it is up 20% since the start of the month. The daily chart shows that it is very close to breaking out above major resistance, which, if it occurs, would give targets at 115. United (UAUA) is up over 18% today as it gapped through resistance on heavy volume, giving targets at $11.

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