Jul. 18 at 4:34 PM
$PATH 💪🔑Trading Expectations (PATH) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect UiPath Inc. to open at
$12.17, and during the day (based on 14 day Average True Range), to move between
$11.82 and
$12.48, which gives a possible trading interval of +/-
$0.660 (+/-5.59%) up or down from last closing price. If UiPath Inc. takes out the full calculated possible swing range there will be an estimated 5.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at
$12.18 (0.25%) than the support at
$11.95 (1.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
