UA - UNDER ARMOUR - Reports Earnings Tomorrow

568 4 6
It is in a triangle as it awaits its fate, likely to move up or down 5 points on the release and update on its forecast for the coming holiday season.

Nike             reported Sep 24 and the stock shot up sharply on strong growth in China. Perhaps UA             will do what it seems to do best, follow NKE             wherever it goes.... NKE             went up so I think UA             will go up. Simple logic.

Risk = 10%
Upside = 10%

This is a 1:1 trade, but I think the probability is higher than 50% that UA             will beat given that NKE             beat. So, if we take enough of these trades it will pan out. If it was 50/50, I'd suggest just going to the craps table instead.


12:04PM EST 10/21/2015

Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Was able to buy again @ 88.08.........lowered me to just over 91.40ish. MOC which gave me a gain!
Close but no cigar. Betting on an earnings releases is always a 50:50 gamble. In my opinion, slightly better than craps.
couldn't find a table.......waited to see reaction........long @ 93.12.....stop @ 88.50....I'll give it 3 or 4 trading days and see what to do next......If I'm not stopped out by then..........
What happened ?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out