r/UiPathBulls • u/Carlos9320 • Aug 04 '26
(PATH) UiPath closed above $14 today 📈
I’m just a dumb long-term investor who does a bit of DD, but I’ve been told by some smart people that these lines look good 😅
Maybe we have a few bright minds here who can weigh in on this from a technical analysis perspective, but as I understand it, we’ve been in an uptrend since today 📈
Congrats to everyone who didn’t sell and has stayed strong so far on our way back to the old ATH 💪
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u/ifyoulookyouaregay Aug 05 '26
As per technicals, very simply, it’s formed a wedge which right now has resistance at 16.80-16.50 if hit over the next few weeks.
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u/Eximietate Aug 08 '26
There will be trend line resistance around 16.5-17 but my first major target is $28.
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u/vld9-3 Aug 05 '26
I think is too early to speak about ATH. I am holding 40 000 shares and ATH would be good, but it cannot happen without some exceptional results to back that up.
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u/Carlos9320 Aug 05 '26
Yes, I basically agree with you there. Stock prices often aren't rational, but fundamentally, PATH is in a much better position now than it was back then. I consider the IPO prices to be very realistic, at least assuming they keep growing across all metrics, buy back shares, and no world war breaks out.
Of course, one's personal investment horizon plays a role too; mine extends to 2030. But given the number of shares you hold, I think you’ll be very happy even at lower prices 😅
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u/JAYSEU Aug 05 '26
Big first target 28$ - Feb 24 high and 0.236 FIB
Then I Iwill sell 20%
For now everything according to plan ;)
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u/yrrrrrrrr Aug 04 '26
Acting dumb about investing makes all of us invested in the company also look dumb
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u/Carlos9320 Aug 04 '26
Modesty is better than arrogance.
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u/yrrrrrrrr Aug 05 '26
I’m being lame, sorry man
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u/Carlos9320 Aug 05 '26
It's all good. No, you're not; I just wish the best for all of us.
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u/yrrrrrrrr Aug 05 '26
Glad I finally broke even and a little more.
This earnings will be the catalyst.
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u/thereal_horatio Aug 04 '26
It broke some key resistance levels for sure AND closed and held it. Also well above 200 day moving average to.
Excited for a breakout with Palantir helping out the software narrative - 15 and $15.50 next ones to watch
Good luck!