tonyalsky

Double bottom on Under armour

Long
CURRENCYCOM:UAA   Under Armour
Hello,

I'm not an expert.

However UAA chart is currently forming a double bottom pattern suggesting that prices may keep climbing.

The neckline is @10.15 and a pullback is likely to happen next week before that the stock surge to 13.5 where the DAILY MME 200 may be resistance.

Let's see

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