From TradingView · · 30s
UTI 4H Base Breakout After August Crash
UTI breaks above August low after retest holds, long position set for NYSE:UTI.
In brief
UTI breaks above August low after retest holds, long position set for NYSE:UTI. UTI price broke above August low after retest held, setting long position targeting 43. Originally reported by TradingView.
UTI 4H Chart
UTI price broke above last lower high around 22.90 after august crash, retest held, long position set for nyse:uti.
Trade Plan
Entry: 23.12, Stop loss: 19.74, Take profit: 42.92, Risk/reward ratio 1:5.9.
Key Levels
Next resistance around 30, final target at august high near 43.
The bottom line
UTI price broke above August low after retest held, setting long position targeting 43.
