A devastating double bottom (part 2)

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A devastating double bottom (part 2)UiPath, Inc. Class ABATS:PATHbalinorPreliminary information UiPath is a global leader in business automation and a pioneer in Robotic Process Automation (RPA), a technology that designs and deploys software robots to mimic human actions and automate repetitive digital tasks such as data entry, form filing, and information migration between databases. In recent years, the company has radically evolved its platform by integrating artificial intelligence and large language models (LLMs) to transition from mechanical automation to complex decision-making and operational processes, serving over 60% of Fortune 500 companies and maintaining a dominant market share in the industry +++++ Analysis The price opens the week by completing an inverse head and shoulders with a neckline at $12.8 A pullback/retest is currently underway, with the price potentially returning to test $12.8 The daily SMA200 is also present at $12.7 If the retest is successful, the projected target moves to $19.8