Bought some call options on this closing on the 24th. Looking good.
Under Armour has had its challenges the last few years with Adidas and Nike taking the top spots for active wear. Stock has made an incredible comeback over the last 4-5 weeks and is no pumping up against clear resistance. Looks to be working on a possible head and shoulders pattern but not sure. Could just bust through but I'd be patient here as RSi and MACD...
Asset and Time frame -UA,1H Entry Price -16.68 Exit(Stop Loss) -16.31 Exit(Take Profit) -17.65 The range between stop loss and entry - 0.37$ Technical Analysis -Hourly chart Fibonacci level made an ABC pattern and retested the 0.618 level,stop loss was placed under the 0.618 level and take profit placed at the 0.0 level. What can be improved - Conclusion & End...
Like i anticipated from my previous chart, that UA would be shifting soon. Which it has. Buy while you can. Check my other chart on UA to see. Thanks
Im predicting that UA will jump and test resistant. Similar to Aug 28th same crossing and pattern is what im thinking. Limit order at 15.90 Sell limit order at 19.00 Stop loss at 15.75 Just my opinion , let me know what yall think
Buying some puts tomorrow which probably means they beat. Not doing great on earnings guesses... but I'm so bearish on this with PE at 100, I can't help myself.
The high 98 P/E ratio will finally matter to investors. A 98 P/E in a company with accountancy issues is a double red flag. Shame on the company for parading their new CEO on CNBC and then opening this can of worms 1 week later. We often look for good entries on oversold stocks but this one stock to avoid. 20% short interest and looks set to grow. Company...
Stock gaps down as soon as they announce the earnings date, lol. Bought put contracts yesterday when I bought NKE puts, dumped both and re-entered at a lower strike with the profits. Next weeks puts. I think this to continue dropping next week.
Over the last several months, Under Armour stock symbol UA, has made several double tops and bottoms. Every one has played out the way it was suppose to. It has once again made a double bottom. Once it reaches the neckline at $19.5, we should expect to see a run to around the $22 area.
UnderArmour is currently going on a major level the 20 dollar mark if this week the level holds we could see a higher push to at least the 23 dollar zone then you could gradually move the Stop Loss higher with the move. There is a lonnng trendline and it seems the the price hold on very well there at the 17.64 dollar. So i woud Long Fundamentaly we know...
I daytrade UAA options all the time, decided to keep it open today. I think it gets one final drop on Monday to fill that gap at $18.90 before getting a bounce. Market looks like it wants to gap down Monday anyways. Eventually this crap is headed down to single digits, but it's gonna throw a bunch of retraces and bear flags along the way.
I identified a rising channel after a big downtrend. The bars are approaching the lower trend line and there is a possible rebound from it and also a support from the volume profile. Entry: 21.35
Overbought on hourly and 2 hr charts, I think this dips down to 19.5 by the end of the week, hopefully tomorrow. looking for a quick flip with NKE profits.
Appears to be throwing a reversal pattern along with the rest of the market. Bought some puts at the gap fill
Under Armour has been extremely oversold the past month. Great dip buy opportunity for a possible 20+ return on a horizontal trend.