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Is URI positioned for a breakout? Non-ADX 1,2,3,4 Bullish shows up after sliding 3.25%
URI closed down 3.25% on Tuesday, July 28th, with volume running 2.3× above average. The unusually high volume suggests institutional participation in today's move. Non-ADX 1,2,3,4 Bullish was spotted, which could indicate a shift in momentum. Key support levels exist at 1072.31, 1053.37 & 1019.5, with resistance at 1125.13, 1159.0 & 1177.94.
Current SwingTradeBot Technical Rating of URI: A
Today’s move could mean more—check all the signals for URI on SwingTradeBot.
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