Under Armour has posted a double bottom.

NYSE:UAA   Under Armour, Inc.
Under Armour Inc - 30d expiry - We look to Buy at 7.05 (stop at 6.71)

Posted a Double Bottom formation.
6.97 has been pivotal.
7.00 continues to hold back the bears.
Bespoke support is located at 7.00.
Dips continue to attract buyers.
We expect prices to stall close to our bespoke level (7.00).

Our profit targets will be 7.90 and 8.10

Resistance: 7.65 / 7.88 / 8.00
Support: 7.36 / 7.20 / 7.00

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