$URBN - RC -
Added 2023-12-31 20:07:50 +0000 UTC$URBN's long wedge was formed here between 2018 and 2023, in November 2023, it finally broke out and retested the breakout line. It has now formed into an ascending triangle which is a bullish formation.
Price is just sitting on the 50 Day MA now and comfortably above the 200 Day MA too.
A break above the top line at $37.85 and this can move up to our First Target at $52.46 which was the previous high in 2018.
