URI also broke out of an A Triangle at 171.5 ish. All time high for URI is 190.74. Yearly Low is 58.58 so if the market coopereated, a gain from the deep C&H pattern would be substantial. It would have to get past the all time high and also get out of this long term rising wedge that finally caught up with it, but according to the pattern, the cup is...
Testing a URI day trade into close...wish me luck, next week $177.5 call
Hey my friends, UNITED RENTALS is in a bullish continuation of large buying volume with buyers refusing, it is at the top of a stabilization zone that it will breakout all the conditions are met to land in the next zone. Strong propability to climb just above this one then see the resulting decisions on stocks and prices. Please LIKE & FOLLOW, thank you!
Looks to be a nice inverse Head and Shoulders forming. Alert set for breakout Possible entry level $156.47 Target price $161.12 Stop loss $154.66 PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR CONTENT, THANK YOU.
It seems to be failing at the resistance level at $130 Good chance for URI to fall back to the bottom of the range at $105.
United Rentals has been in this consolidation zone since March. Look at how steady, for the most part, this price action has been. Buy at support, sell near resistance, rinse & repeat. Even when the price broke down out of the range in August it gave you an RSI bullish divergence signal along with a double-bottom pattern just prior to another $20 bullish move. So...
Short-term: uptrend - Buy now Long term: sideways - sell short in sell zone after bearish reversal on the daily chart
The immediate reaction to the earnings yesterday afternoon was to sell, then the humans took over from the ALgos and the stock make a very bullish reversal, to eventually settle with a 5% gain. Given the extremely high volume this sort of action can't be ignored. It is advisable to wait for a break from the long term channel before entering a long...
Goldman Sachs Bullish Upgrade to $165 United Rentals rating change at Goldman Sachs United Rentals upgraded to Buy from Neutral at Goldman Sachs. Goldman Sachs analyst Jerry Revich upgraded United Rentals to Buy from Neutral and raised his 12-month price target for the shares to $165 from $128. U.S. construction equipment supply has peaked, rental rates are...
As you can tell - Stockzilla is primarily focused on the long term. We have discussed things like NYSE:BABA NASDAQ:JD NASDAQ:MU and NASDAQ:ATVI as companies that we feel have set them up to be long-term champions. Today, we want to include NYSE:URI into this list. We feel that this is a company that will be more sheltered from an economic downturn than...
URI is showing solid growth and a recent earnings beat. Still it looks like the market wants it to retest the low. This story is fundamentally beautiful and technically ugly. Buy at $96.6 or so
Out of favor and below the 200 day line yet is just above support and in a clear trend.
Despite an earnings beat and considerable rise in revenues NYSE:URI cut full year guidance, URI says updated guidance reflects "a slightly slower than expected pace for the BlueLine integration, as well as historically bad weather in several key regions this past quarter." Technically the chart sits in quite a precarious position, having failed to make a new...
So confident in this play.