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URI

United Rentals (URI): Stock is overbought and due for pullbackI am bullish on United Rentals (URI) for the long-term looking 3 to 5 years ahead. The company has great fundamentals and is holding up well in this environment where we could see a recession in the U.S. in 2023. URI just reported a positive Q4 earnings with a strong outlook. The technicals show an overbought condition on the 1 day chart. So, I am anticipating a decline in the stock which could be triggered by the Fed meeting on 1/31 & 2/1 depending on actions taken and what is said about future rate increases. Action: wait for a decline, then buy The link contains an article with a detailed discussion.
NYSE:URI
by Zman1175
UNITED RENTALS - BULLISH SCENARIOBounce back in the construction activity and huge amounts of federal infrastructure spending in the coming months are suggesting strong earnings for the sector and especially for United Rentals Inc, which is the largest equipment rental company in the world, serving its customers through an integrated network of over 1,100 rental locations in the U.S. and Canada. From a technical point, we have a double bottom, with bullish RSI divergence and retest of the breakout. The first strong resistance is located at 0.5 Fibonacci. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:URILong
by legacyFXofficial
$URI United Rentals Breaking Downtrend$URI United Rentals - appears to have broken through a long term down trend line which began back in March when the stock peaked around $190. Not exactly a sexy growth company...but the long term chart looks bullish in my opinion and the company has been fairly consistent delivering solid earnings results (next ER late Oct). Also of note - Bullish $8M+ options trade today...155/160 strike Sept 21 calls purchased. A fund or individual with deep pockets believes in this stock. Medium term target - $190 (prev ATH) Long term target - $220 (possibly conservative given the stock's last two long term bull runs resulted in moves of +77% and +75%....which would bring the long term target up into the area of $260 by the mid point of 2019) Note: Informational analysis, not investment advice.
NYSE:URILong
by Triple_Barrel_Capital
4
URI- We are looking for $75 December putURI running within a rising wedge & rolling over to the down side. Moneyflow has strong neg-divergence, and there was a insider selling in September. So we think it will decline from here breaking down the wedge formation. For trade we are looking for $75 December put ( Strath already in) last traded for $3.70 You can check our detailed analysis on URI in the trading room/ Executive summary link here- www.youtube.com Time Span: 2:45" Trade Status: Option trade running
NYSE:URIShort
by AcornWealthCorp
$URI - Short - Near Term Short on Overbought Cond., Fib Resist.After falling over 50%, we've seen a 50% rally in URI off the low. The struggle to break above the 200 week SMA indicates some resistance in an already overbought situation. Additionally, the indecision signaled by the candlestick charts indicates that we may see some selling pressure in the near term without any major catalyst to spur shares higher. I'm currently looking for a pullback to the $75 dollar area, where should we catch support, would be looked upon as a buying opportunity, while if it fails to hold, we could be looking at shares retreating to the ~$61 level (Note those long candles around this level, signifying support)
NYSE:URI
by Matt_Feda