UiPath - PATH Potential Breakout

17 Tem 2023

Looking at PATH, so far this year they have been on an upward trajectory gaining approx. 50% overall. The inverted H&S looks to be valid even with the False Breakout and the potential gain could be 29.2% if you're looking at the price from the Head to the Neckline of $5.49 and add that onto a Breakout point of approx. $18.78. It is currently trading for 5 days above the 7 day ema with a relatively strong RSI and MFI.