So confident in this play.
We already saw the affects of trade fiasco. This name gets it. New home sales have been soft. Plenty of hints. Get it
This is the long term chart for URI. Very predictable stock from the 1W chart. RSI is our biggest indicator here. Nice harmonic patterns forming within the triangle, with many points touching both sides of those lines. You can see each time RSI bottoms out around 30-40, a rise is imminent, and stops at that upper line. Furthermore, IV is 12 points below the...
United Rentals has put in a buy signal for a potential bounce for 4-10%
UNITED RENTALS SURPRISED WITH A FABULOUS EARNINGS REPORT TODAY, UNFORTUNATELY IT WAS ON A LOW VOLUME DAY IN THE MARKET AND ALL ATTENTION ON THE MULLER REPORT. WE WILL HAVE A LOOK AT THIS NEXT WEEK AND HOPE IT CAN CROSS ABOVE RESISTANCE FOR A LONG ENTRY WITH PLENTY OF UPSIDE POTENTIAL.
This looks like a REALLY nice bullish gap so far. Right now URI is around $137. I'll be watching this ALL MORNING for a bull daytrade.
Note that we have an er coming up soon. Should be short.
#Bearish H&S on $URI . Better to wait for confirmation & break below the trend. #STOCKS #OPTIONS #FUTURES #DOWJONES #BITCOIN #BONDS #HARMONIC #DIVERGENCE #BULLISH #OIL #DOLLAR #GOLD #SILVER #COPPER #TLT $SPX $SPY $DJIA $DIA $RUT $NDX $ES_F $NQ_F $CL_F #BZ_F #NG_F $SI_F #GC_F #HG_F #6A_F #6B_F #6E_F #6N_F $USD $GBP $EUR $CAD $AUD
Will buy in this zone if price shows signs of bullish reversal.
It has 10 Billion debt and no cash in hand.. Cash flow seems okay and P/S is okay.. other than 200 sma , what does it have?
I'll be watching for the 4 and 8 EMA cross, w/ 8 becoming support for long thesis. Short is obvious. $SPY
Again, something I'll be watching along with $SPY .
Something to keep an eye on. $SPY may be the deciding factor.
A nice symmetrical triangle developing in $URI. Recapping the 200 sma is key.