UiPath, Inc.Long
$PATH on Breakout Watch
Updated
PATH has been consolidating in a stage 1 base for a while now as shown on this weekly chart. I see PATH is putting in a series of higher lows and is sitting just under an area of resistance. The breakout looks like it would be over $20.I'll be looking at a lower timeframe and a good market to get involved. See relevant notations on the chart.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Note
PATH may give me a reversal entry with this pullback. No trade until and unless it reverses back up.Note
If PATH can build a higher low, I'll start looking for an entry. If makes a lower low it's off my radar for now.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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