UA completed this bullish harmonic over 8 months ago. It hit our first tp of the trade set up before falling below the key level where we were stopped out.
We do not have an open leveraged position on this asset but we are accumulating it at these levels as it has turned bullish again.
The spring back above the key level and the backtest that has occurred...
Hello and welcome to my opinion about UAA.
If we take a look at chart we cand see we are near to 200 EMA. If we brake this EMA and retest, it probably to reach 16.10.
If we just test EMA 200 it probably to go deeper at 5.01.
See u next time and take care of your plan.
