TopOptionAlert
Oct 23, 5:32 AM
$PATH NOV20 14.5C · actionable here
Zone:
$13.84 to
$14.04
Invalidation: close under
$13.55
Objectives:
$14.25, then
$15.50
The math: up 2.2% to the first objective and 11.2% to the second, against 2.8% risk on the invalidation, 4 to 1 to the second.
Dear friend, think of a stock the way you think of a boxer who keeps getting pushed into the ropes and keeps walking back out to center ring. That is this swing setup. UiPath closed Thursday at
$13.94, near the high of the day, green on a session when the market was bleeding red. What that means for you is simple. Buyers defended every dip this week, the stock has climbed about a fifth from its September low, and the old October 7 ceiling near
$15.50 is the next patch of open ground, with only
$13.55 underneath to tell us we are wrong.
P.S. Watch
$14.10 first, Thursday's high. A close through it says the ceiling is turning into a floor.
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