Under Armour has bullish setup here. RSI looks very strong too buyer showing interest. Price making bullish move on strong volume gapped up and broke the trendline resistance. There was inverse H&S breakout too neckline was broken with a gapped up candle. There is still upside gap that has to be filled. Apparel sector as a whole is showing strength lately. Bullish overall for me.
K.Divine
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K.Divine
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.