lando7886

UAA Ascending Triangle?

Long
NYSE:UAA   Under Armour, Inc.
Hi All - studying the UAA 30 minute chart and it looks like an ascending triangle has been forming.

Given the fact we are in the 6th week of the 9 week (from triangle beginning to apex) ascending triangle pattern we would need to see UAA break through the resistance at around the $12 mark with some nice volume to complete the pattern.

Hate it or love it let me know your thoughts!
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