URI heads up at $675: major fib confluence, possible local top

United Rentals, Inc.NYSE

Description

⋅ Feb 5, 2024 4:03 AM

URI heads up at $675: major fib confluence, possible local top.
The exact zone defined by the fib confluence is 671.30 - 677.71
Look for a pullback there, or a break and retest for continuation.

Will post updates as price action hits key levels.

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Comment

⋅ Feb 21, 2024 4:27 PM

Smacked into our resistance staggering

Zoom IN (15min)

Almost exact reflection from lower bound at 671.30.
But it was not a "Ping" (exact ricochet) so likely to test again.

Lets see if we go back up and break, or reject with a Ping

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