Shares of United Airlines (UAL) opened lower on Tuesday following breaking news of a passenger being forcibly dragged off a plane after the company overbooked the flight.

What was concerning about this physical altercation was they needed to make room for an employee of UAL after the company was at fault for overbooking the flight.

Cellphone footage was captured of police dragging the man down the aisle and posted on Twitter, which instantly went viral. The company has released statements defending their stance but are reviewing the details of the matter.

Video of the incident can be viewed here.

CEO Comments

“Our team is moving with a sense of urgency to work with the authorities and conduct our own detailed review of what happened,” he said. “We are also reaching out to this passenger to talk directly to him and further address and resolve this situation.”

In a statement, United said, “We apologize for the overbook situation.”

UAL Technicals

Shares of UAL opened lower following the breaking news yesterday with prices hitting pre-market lows of $67.08 after closing Monday at $71.52, marking a 6.2% drop in value over night.

Depending on where shares open we could see $68 act as support or resistance along with $66 and $70. Shares should remain active today as traders look to take advantage of the volatility caused by this incident.

Shares have been fairly quiet the past few months as they continue to fight to break the major resistance at $76.

Keep this one on your radar today as there should be plenty of opportunity to take advantage of.