Going over this chart and caught a gem. About to pop.
Stock URBN seasonality starts to Buy date on January 24 and ends Sell date on April 13 Percent Profitable is 79.95% in 19 years and an average return of 10.61% per year
$URBN has broken key trend line support and is set for lower prices. Add in the overwhelming bearish sentiment among retailers and we could go a lot lower than investors think. After reporting Q3 earnings last night, here are the highlights: Urban Outfitters (NASDAQ:URBN) slides after a slight miss with its Q3 report. Comparable retail segment net sales rose 3%...
Practicing my charting technique. Been studying Fraser and am working on trend lines. Convergence on multiple time frames and multiple retracements and extensions.
URBN is incredibly strong fundamentally and is in a very predictable upward trend. Forming golden cross (when 50 day moving average crosses up and over the 200 day moving average) What makes a company fundamentally strong? Taken from various sources including Warren Buffet, here are some things we should look for: (URBN numbers in parenthesis) A...
Entry level $29 = Target price $36 = Stop loss $27. Very reasonable P/E ratio 11 High short interest 22% Possibility of short covering. Bullish indicators as earninsg approach and in particular the dominant buyside volume. The stock now has FIB and Moving average support on any pullback. Company profile Urban Outfitters, Inc. engages in the operation of a...
Short @ $27.72. (+ 5.81%) Gap up. Counting on profit taking in volatile market. Will not hold above the 200. Tight stop. Will take profit of 2% loss.
$URBN taking some off the top in the $26s from $24 entry.. holding gains very well considering mkt sell off today.. watching closely for $26.7ish break..
URBN touched strong weekly support line. Possibly buy. wait 123 pattern. I also watching this one for trade.
Ranges, Descending Triangles, Triangles and Ascending Triangle are repeatable trading chart patterns. Ranges and Triangles are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...
Entry Rules: Buy URBN on a daily close above 24.25 or Sell on a daily close below 22.25 Volume on the breakout candle must be at least average volume to trade full size If it doesn't reach the average volume, but reaches 75% of the average, use 1/2 size position. If the volume doesn't reach 75% of the average, stand aside. Stop loss is 1.5 x ATR on the...