Under Armour at support, but will it hold?

Technically Speaking
So far, support at 30/32.50 is holding. As you can see we have not had a weekly close below the 200 week moving average, since..., well, the chart does not show it has been so long.

From the CEO-" While we expect to continue to significantly outpace the apparel industry, the growth rate going forward will be less than expected from our Investor Day in 2015".

In other words, expectations from a year ago are not going to be met.

What to do?

In my opinion, this stock will be priced based on how they do going forward from a lowered base of expectations. Maybe they surprise to the upside next quarter?
Technically it looks like a good place to buy, but when expectations are not met, things can get messy. Have an exit plan.
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