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Chartimistic

URI - A Beautiful Rental Trade

United Rentals, Inc. (NYSE:URI)  
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NYSE:URI   United Rentals, Inc.
Chart Patterns Trend Analysis Technical Indicators URI consolidation Double Bottom rsibullishdivergence
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chartpattern trendanalysis indicator uri consolidation doublebottom rsibullishdivergence
United Rentals has been in this consolidation zone since March. Look at how steady, for the most part, this price action has been. Buy at support, sell near resistance, rinse & repeat. Even when the price broke down out of the range in August it gave you an RSI bullish divergence signal along with a double-bottom pattern just prior to another $20 bullish move. So pretty. Why can't they all be this easy?
Komen:
The stock broke out on Friday & continued today. Amazing run since bottoming around $110.
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