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...
May 22 opened bear call spread 25/25.5 for $15 credit reached profit target on May 29 Closed 5/28 $5 debit $10 net profit
retail WRECKAGE HAS ENSUED TODAY AND IN OUR OPINION THAT WILL CONTINUE INTO THE EARNINGS REPORT FROM NASDAQ:URBN . ALREADY IN A MASSIVE DOWNTREND THE OPTIONS MARKET HAS BEEN ACTIVE WITH THE $23 PUTS STRIKE EXPIRING ON MAY 24TH . THEY STOCK HAS ALREADY LOST STRONG SUPPORT AT $27 NEXT STOP IS $23, $22 THEN $16. CURRENT SHORT INTEREST IS 16% AND WE EXPECT THAT TO...
Urban Outfitters has a tremendous few weeks with very high bullish volume, ignited by analysts tripping over one another to release price upgrades, we think price will continue with the upturn in retail sentiment.
The past is true, the future is made from the past.
Look for a break of the low on the pre market trading and then to the 200MA on the monthly chart.
Trade Details Provided on Chart. Risk/Reward 1:4 Swing Style Trade