Our Indicators are Flashing a Signal Here;URBN is setting up for an uptrend continuation tradeVol is drying up here as it finds support on its 50 and is wedged between 10 and 20this is a 50% retrace of its 11/1 to 12/2 run and it looks like the selling may be done here..this is an elliott wave 4 and a stochastic buy signal with it..have trendline drawn from 11/1 to 16 low, expect that line to holdwe see 39.84 to 40.30for those of u who study it, our buy signal looks like it is lining up with spiking above the 1X1 Gann resistance linethis would be very bullish...here's where it gets good: the weekly chart says if we break out here: 47.30 to 48.67 possible by Marchstay tuned.....Look for higher prices from here..GLTANew Alert COMING THIS WEEKEND THAT WILL BLOW YOU AWAY.. PROMISEJoin Now Totally FREE: www.TheChartman.netCLICK ON BY.. WE ARE GOOD AT WHAT WE DO..Join for Our Thinking, Stay for the Profits.. Free Chart Analysis AvailableIF YOU ARE ANTI BIG, BLOATED GOVERNMENT AND PRO AMERICAN BUSINESS, YOU NEED TO JOIN US DISC: NO COMP ON URBN THOUGH WE OWN 3000 AND WILL BUY MORE
u were just early, it had more rotation downonly a bad report when earnings come can derail it...48 by end of march
i think this pos. is gonna push to 30. 66 retrace and may overshoot.gl
BBBBBBSSSSSSSS!It's called a DOJI.What's a Doji?http://www.investopedia.com/terms/d/doji.asp A DOJI means nothing. It signals a possible change in movement which is confirmed days to a week later.The confirmation we are loking for is when URBN hits 31.68.
You do know a morning star often has a Doji in day 2 of the pattern, right? It sure doesn't look like you do.And I also sure hope you weren't waiting for 31.68........b/c if so, you just lost.