DontSlamTheDoor

Will momentum push PATH above it's resistance?

Long
DontSlamTheDoor Updated   
NYSE:PATH   UiPath, Inc.
I've been watching this stock for a couple years now. I think it's a really exciting company, and I'm always looking for robotics/automation technology companies that aren't priced through the roof. I'm not saying Path is priced to buy right now, I'm just highlighting where the price actions usually begins to subside. Notice the auto trendlines. The blue circle is where PATH should find some resistance.

But with this market momentum, PATH could a winner. What are the thoughts among the community?


Oh yeah I think it's definitely gonna break $20
Comment:
It was a winner!
Comment:
Lets see if PATH will hold $20.30 (top of channel and previous resistance point) as a new support.
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