Description
⋅ Looking to initiate a new position in URBN with the pull back on decreased volume to daily support. Good risk, reward. Earnings upcoming end of August Comment
⋅ Gap up day, bounced off support. Going according to plan so far
Comment
⋅ still working on building a nice base here
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⋅ 46.42 support on watch and 49 resistance on watch
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⋅ Retails woes and M missed earnings taking its toll
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⋅ Consolidation before earnings. Earnings on 8/21 will determine short term direction
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⋅ Earnings Beat, and Break Out Point reached, up in afterhours
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⋅ 52 week highs and BREAKOUT- We're Locking In Profits Here