adolphus53

UAA take two (1)

Long
NYSE:UAA   Under Armour, Inc.
you fooled me once stupid stock. this time i will have the last laugh! i am thinking that my timing was off , if it keeps dropping i believe UAA would be overextended too the downside so even if this stock is going down a counterbounce should be in order

market = -1 (i think the overall market sp500 will stand still or drop within short time)
timing = 1 (if the stock keeps dropping its going into some support area + its very overextended on the short term down 30% i 2 month)
fractal = 0 (not much has changed here)
volume = 1 (volume is higher on the upswing then on this recent sell off so i would still consider that a +1)
group strength = 0 (when i look at the big apparel manufacturing companies they look to be doing ok , not great but ok)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.