URI trade ideas

bigrediska

Negative signals accumulated enough.

bigrediska

The complete level of correction achieved.

akap

Short Term to 120: Line of resistance Hit Potential to 130: Cup and Handle Breakout

KLang

Might get an oversold bounce here.

jangseohee

At the recent top, i saw two bearish engulfing candlestick pattern. The latter one is even more serious as it engulfed the first engulfing pattern with 15x the normal volume! Like a shark swallowing a small fish. With MACD & RSI showing bearish divergence and moving lower.. I will short URI at 116.7 with stop loss at 120

CAM_SMlTH

Conservative entry on retest of 72 support/ 50 fib. More aggressive entry would be 73 support/33%. Stop below swing low. Target just below 78.