jangseohee
Short

Does this channel reflect shoppers sentiment?

NASDAQ:URBN   URBAN OUTFITTERS INC
30 1 1
Urban Outfitters             was rejected at price around 40 which coincide with the downtrend upper resistance channel and previous resistance in Oct             2014. Price might want to retest the resistance again..

Two possible targets if price continue southward marked by down arrow

1st: around 34.67
2nd: around 30.45 (if 1st fails to support)
abit late in the short but still decent profits :-)
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