UiPath, Inc.
شراء
تم تحديثه

$PATH Breaking Out of Consolidation?

222
I have a small position from July 11 on regaining all shorter-term MAs in anticipation of a new breakout. It looks as though that may be happening today. See all my notations on the chart. What I like about this is that we have a nice long base lasting about 9 months. The 18 Month AVWAP is now right at the area of resistance and price is over both. The chart shows a higher low which is indicative of an uptrend. Notice the first breakout failed. That has been happening a lot this year. Often the second or third attempt works.

I will be looking to add to my position with any consolidation over the now (hopefully) support area. My stop is close below the 21 EMA (Blue).

Ideas, not investing / trading advice. Constructive feedback always welcome. Thanks for looking. Hope it helps.
تم إغلاق الصفقة يدويًا
Closed this for a breakeven trade. I'll let this consolidate a bit. Still high on my watchlist. And it's not doing anything wrong. Just protecting P&L. I'll look at this again next week.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.