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Thread: URBN (Urban Outfitters)

  1. #1

    Join Date
    Dec 2007
    Posts
    906

    Default Re: etftalk's Account

    Urban Outfitters (URBN) looking like it may be ready for a big breakout from a long-term cup and handle formation. I bought this morning at $37.82. Initial stop is $36, but I should be able to move it to $37 next week if the recent trend does not break beforehand.

    Here's a daily chart...




    Longer term chart...

    -- Tom | My Trades


  2.  
  3. #2

    Join Date
    Dec 2007
    Posts
    906

    Default Re: URBN (Urban Outfitters)

    URBN: Sold @ 36.62 for a loss of 1.20.

    -- Tom | My Trades

  4.  
  5. #3

    Join Date
    Dec 2007
    Posts
    906

    Default Re: URBN (Urban Outfitters)

    I had bought into URBN again about a week ago near 38 and had a stop of 36.88 in place. Today it opened near 33. Ouch! Individual stocks can hurt. I have to remember to watch those earnings report dates.
    -- Tom | My Trades

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