#PATH: When two years of falling turned into a reversal

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#PATH: When two years of falling turned into a reversalUiPath, Inc. Class ABATS:PATHTotoshkaTradesPATH On the two-week timeframe, a long-term accumulation base is forming, marking the end of a multi-year downtrend. Price has broken out of a descending wedge and successfully retested it from above, stabilizing above the key global demand zone. The main support for the asset is the strong multi-year range of 9.20–10.00 dollars, confirmed by abnormally high trading volume. Large players are systematically defending this range with limit order blocks, as confirmed by long lower wicks on higher timeframe candles. The indicators confirm the transition to an upward impulse. Price has settled above the 20-SMA (11.05 dollars) and the 50-SMA (10.97 dollars), while a break above the 200-SMA (12.95 dollars) would trigger strong acceleration. RSI (14) has moved from critically oversold to neutral territory (around 54), leaving room for growth, while the MACD histogram has formed a bullish convergence. Current levels (12.15 dollars) offer a strong entry point with a favorable risk-to-reward ratio. The nearest target is 18.44–19.48 dollars, with a medium-term target of 28.00 dollars. A stop-loss should be placed on a two-week close below the absolute low of 9.20 dollars.