Jul. 12 at 3:15 AM
$U with a clean inverse Head & Shoulders breakout. Neckline at
$26.50 held as support and price hit measured move target at
$30.88. Slight pullback to
$28S now—watch for bull flag or deeper retest.
📍 Support Zones
•
$28.36 – Local shelf
•
$26.50 – Neckline support
•
$25.59 – Minor support
•
$21.75 /
$20.11 – Former base levels
📍 Resistance Zones
•
$29.33 – Minor intraday wall
•
$30.88 – Recent high
•
$32.44 – Next major level
•
$38.97 – Macro resistance
✅ Trade Setup Ideas
Bullish
Trigger: Break above
$30.88
Targets:
• PT1:
$32.44
• PT2:
$38.97
Stop: Close below
$26.50
Bearish
Trigger: Break below
$26.50
Targets:
• PT1:
$25.00
• PT2:
$21.75
Stop: Close back above
$28.36
Volume surged on the breakout. As long as
$26.50 holds, bulls are in control.
