Bullish Base and Trend Breakout in Construction Equipment Leader
United Rentals (URI) shares are at multi-week highs with RSI at multi-month highs and shares moving above VWAP off its 2021 highs yesterday out of a base that measures to an upside target of $375 while a 50% retracement at $351 a potential initial target. URI is also nearing a bull weekly MACD crossover signal.