nalinakshi

watch out for the price levels of 93

NYSE:URI   UNITED RENTALS INC
54 0 0
United Rentals             ( URI             ) leases equipment to companies, utilities, governments and even homeowners. The stock has been a juggernaut, powering from $45 in February to nearly $85 in September. It has chopped around a bit of late and could be due for a retracement, but the next leg higher could take shares north of $120 within two years. The well-run equipment rental company would be a big winner with a spike in demand for big government infrastructure spending, but it is also perfectly positioned to rally on improved private sector demand.

SUPPORT IS AT 93.7. price has broken out to the upside from 89, so it is in retracemnt cycle, price around 89 to 93 becomes good buy
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