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?
Kommentera:
The stock broke out on Friday & continued today. Amazing run since bottoming around $110.