2waytrading
Short

UA was great and outperformed the rest of the market (Gambling)

NYSE:UA   UNDER ARMOUR INC
159 1 3
When u decide to go against one of the best stocks in the market, if you don't sound crazy you will qualify an idiot investor. But if u look the chart and try to find out a possible reasoning for a serious pull back if not correction, you choose stocks that out performed lately as they will feel the most of the wrath from the bears. Having that in mind, we may start building a short position slowly but surely next few sessions. By making our stop loss at recent swing high $70.94 with target price $59 area or at D-point. Entry will depend where the price opens the coming week. Members surely will get real time alerts and hopefully we will share here too. Stay safe and tuned for more to come. If you like follow us.
TradeVulture.com
2 years ago
Looks like they are going to push this up to about 72.65 before coming in. Let's see if they can break and hold 70 first though.
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