I love under armour the company is always innovating, and the sales are strong every quarter, so this we have a good one here, 2 Flags, the movement should be relatively faster.
Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold....
Under Armour should jump toward $22 soon before its investors cool off.
UA has an excellent product even if wall street does not like it.
Students, athletes, and youth like UA as much as they like Nike. The products are elegant, sporty, and trendy. The primary sale season is in Sep; the same time school is being open. The investors need an excellent report of...
this is my TA on UA
I think it will trade sideways until sept-nov and then break out to new highs it likes to trade in a channel before breaking out current breakout is not confirmed and likely a fakeout fadeout still bullish for long term look to accumulate around 14-16 IMO for a longterm
Here is an update on the most recent earnings play of Under Armour.
Look below at the original analysis, that was done about a week before earnings was released.
Purchased a OTM $22 Call Option on Feb. 4
Premium price- $58
Expiration Date- Feb. 19
UAA reports earing on Feb. 10, I am expecting UAA to beat earnings which should drive their share price.
Sorry, no notes for a few months. Understand i did fundamental / technical analysis.I have price reaching one of the two resistance zones before the quarterly report
let me know what you think!
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...
UA has been severely lagging behind other apparel brands in making price recoveries.
It has just broke out of 23.6% fib, and about to backtest support. I'll be entering a position once it successfully bounces off of 23.6% fib.
- Under Armour has fallen 3.3% in premarket trading because it's reported worse than expected quarter losses. Net losses totalled $559.7 million
- It's laid off workers and borrowed new money to try and sure up its balance sheet and lower its expense base.
- Overall its been under performing the S&P 500 and we are sitting at 2011 stock prices. From a...
UA likely to correct to 15 or lower post-ER.
– major formation bust since August last year, stock was not able to recover
– MACD bearish
– MAs super bearish (turned off in this chart)
– stock is now below 'Century VWAP' pre-ER (bearish)
– RSI super bearish
This post will be updated continuously when mentionable changes can be observed.
WEEKLY + ADX:
