URBN Bullish Channel. PT $40-$50

URBN is incredibly strong fundamentally and is in a very predictable upward trend.
Forming golden cross (when 50 day moving average crosses up and over the 200 day moving average)

What makes a company fundamentally strong?
Taken from various sources including Warren Buffet, here are some things we should look for:
(URBN numbers in parenthesis)

A Debt/Equity ratio less than 0.5 (ZERO)
A Current Ratio >1.5 (1.6)
Return on Equity >15-20% (17.8%)
Price to Sales Ratio <2.2 (0.72)
Price to Book Ratio <3.3 (2.17)
Strong stocks usually have a large amount of insider owning. (37.7%)

These are just some fundamentals that strong stocks frequently have.

Earnings are coming up soon. URBN should have a strong run and has potential to hold through earnings for larger gains.

With these amazing financial fundamentals and a clear upward trend on the daily, weekly and monthly chart, I feel confident it will hit at least $40 with the potential for $50 depending on the area of resistance.
Bullish PatternsFundamental Analysisfundamental-analysisLONGParallel ChannelTechnical AnalysisTrend LinesURBN

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