don_shula

$URBN is retail back??

Long
NASDAQ:URBN   Urban Outfitters, Inc
The IV rank on $URBN is 19% & the candle closed as a bullish doji just below the 21 and 9 EMA . If you look at the RSI you'll see a small divergence that has not been identified by the indicator. The postures of the RSI are neutral bullish , Although the candles wick has a lot of selling pressure, the volume reached 4 million & closed green, from previous comparison when volume is that high a Green Day is habitually followed. On the daily and 4 hr the stochastic moving averages are set to cross which usually suggest a move to the upside. ill be watching open interest and volume before entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.