Order SELL UTHR NASDAQ.NMS Stop 209.45 LMT 209.45 will be automatically canceled at 20230401 01:00:00 EST UTHR daily bearish hammer in selling resistance zone
Order SELL UTHR NASDAQ.NMS Stop 211.77 LMT 211.77 will be automatically canceled at 20230401 01:00:00 EST UTHR daily indecision hammer at resistance can be nice ride into support zone.
UTHR has no resistance (shown with dotted green horizontal) A breakout should ensue and lead to further bullish increases This is all occurring along a strong up trend line formed by the bulls
$UTHR has built a text book classic Head & Shoulders top. It is resting near its neckline breakdown area $213.75. Consolidation above the neckline breakdown area of $215-$220 has created a bearish looking pennant formation. All in all $UTHR looks sickly, and probably headed for lower prices. If neckline of $213.75 breaks, downside obj =$190.00
UTHR has detrended from its major upward trendline, bearish moves probable. PT~62. Strong regression trend of 0.75.
Don't know much about the company, except that it held pretty nicely even when the whole sector is in a pullback mode today, probably just because it's too oversold. If you wanna swing a bounce, go for it. Any positive sign from the market will probably send UTHR above the 100 MA and break the neckline. If not, well then there's always that 200 MA.