United Rentals Forming A Flat Base
United Rentals (URI)has been consolidating since February, showing supporting action at its 10-week moving average along the way. The stock isn't showing renewed signs of accumulation yet as most of its recent price gains have come in light volume. The relative strength line, though, remains near new high ground, a sign of strength. URI's current consolidation shows a pullback of nearly 14%, qualifying it as a potential flat base. A flat base
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