JCP
Long

UA Technical Dip-Buy Opportunities

BATS:UA   UNDER ARMOUR INC
194 0 0
Trade Recommendations: Buy at Spot on Nov 26@52.74.. Price target 62.5 by Mpril 2013. Stop Loss at 45

Fundamentally I like UA             because they can pose a threat to nike             with their upper middle echelon             product. It is also now diversifying into products other than football, such as basketball and soccer. It also aims to become a traditional sports giant like Nike             and Adidas by opening up its own stores.

The RSI has multi-month support around 50 line. Now that it has taken a brief dip below 50, UA             will continue to rally . Not that the RSI bounced between 70 and 50 between mid 2011 and how, while UA             steadily rallied.

The Stochastic indicator says that UA             is oversold, and is now exiting the oversold territory, and poised for rally

MACD Histogram is very negative, so it signifies that the fast blue line will soon rise up to catch the re line.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out