URBN - How to Take Advantage of moves in (URBN)

2024-03-26 10:12:00 ET

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Urban Outfitters Inc. (NASDAQ: URBN) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for URBN change as time passes, and this should be updated in real time.  Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Instructions:

Use the basic rules of Technical Analysis.  Here are some examples: if URBN is testing support the signal is to buy and target resistance.  On the other hand, if resistance is tested, that is a sign to short, and target support.  No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for URBN too.  All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for URBN

• Buy URBN slightly over 41.5 target 45.13 stop loss @ 41.38
• Short URBN slightly under 45.13, target 41.5, stop loss @ 45.26

Swing Trading Plans for URBN

• Buy URBN slightly over 43.23, target 45.19, Stop Loss @ 43.11
• Short URBN slightly near 43.23, target 41.5, Stop Loss @ 43.35.

Day Trading Plans for URBN

• Buy URBN slightly over 43.23, target 43.97, Stop Loss @ 43.13
• Short URBN slightly near 43.23, target 42.21, Stop Loss @ 43.33.

URBN Technical Summary | Raw Data for the Trading Plans