I am bullish on United Rentals (URI) for the long-term looking 3 to 5 years ahead. The company has great fundamentals and is holding up well in this environment where we could see a recession in the U.S. in 2023. URI just reported a positive Q4 earnings with a strong outlook. The technicals show an overbought condition on the 1 day chart. So, I am anticipating a...
Bounce back in the construction activity and huge amounts of federal infrastructure spending in the coming months are suggesting strong earnings for the sector and especially for United Rentals Inc, which is the largest equipment rental company in the world, serving its customers through an integrated network of over 1,100 rental locations in the U.S. and...
NYSE:URI daily looks like a good buy. After a perfect double bottom it has now broken the top trendline and the 5 EMA has crossed above the 20 EMA.
United Rentals has been in this consolidation zone since March. Look at how steady, for the most part, this price action has been. Buy at support, sell near resistance, rinse & repeat. Even when the price broke down out of the range in August it gave you an RSI bullish divergence signal along with a double-bottom pattern just prior to another $20 bullish move. So...
$URI United Rentals - appears to have broken through a long term down trend line which began back in March when the stock peaked around $190. Not exactly a sexy growth company...but the long term chart looks bullish in my opinion and the company has been fairly consistent delivering solid earnings results (next ER late Oct). Also of note - Bullish $8M+ options...
Do we dear go fishing under all these resistance levels and moving averages? I say YES.
Pull Back after runaway gap Entry above the trend line ??
URI running within a rising wedge & rolling over to the down side. Moneyflow has strong neg-divergence, and there was a insider selling in September. So we think it will decline from here breaking down the wedge formation. For trade we are looking for $75 December put ( Strath already in) last traded for $3.70 You can check our detailed analysis on URI in the...
After falling over 50%, we've seen a 50% rally in URI off the low. The struggle to break above the 200 week SMA indicates some resistance in an already overbought situation. Additionally, the indecision signaled by the candlestick charts indicates that we may see some selling pressure in the near term without any major catalyst to spur shares higher. I'm currently...