UAA Quick PlayBought some $21.5 weekly (next week) puts, because option balance point is below $21 for tomorrow
U1AI34 trade ideas
Under Armer at Support Levels - BUYUAA is a Buy here at the range lows with a limit buy order.
Marked on the chart, multiple support hits.
Look for Failure Test or Fake out or a pin bar with a tail that tests these lows
UAA - Ready for a "run"Good earnings (online sales have improved while less dependent on box stores)
The stock is trading up to the breakdown from the Feb COVID hit
UAA at a great moment for a Short Daytrade or Long SwingIf the support line will be crossed down (20.70 - 20.75) consider go to a short position (day trade)
On the other hand (and I think less likely) this stock goes up, and then a very tight stoploss can be obtained with a far target of around 28.00 for Swing.
UAA - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
-This would be a great Buy Opportunity, IF NYSE:UAA breaks up the Daily Resistance line at $24.30 (with a WHOLE DAILY Candle) !!
someone asked me to do a TA on UA so here it is 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
Under Armour Inc 🧙Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America and other territories. Consumers of its apparel include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale and direct-to-consumer channels, including e-commerce and more than 400 total factory house and brand house stores. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.
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UAA, not ready for meWhy Not Today
The price keeps recording lower lows and lower highs.
More than this, the last bounce was not supported by anhy strong EMA.
For me today's +5% was not an entry sign.
UA swing trade with a 2:1 reward to risk UA breaks out with volume. Could be a potential winning trade
Trade IdeaWould be nice to wait a test of ema 200, instead of jumping on this support of ema 100.
Confirmation will come at the breakout of this bullish flag.
UA Possible Long Term breakoutWorth keeping an eye on for a solid breakout here. Look for a correction first.
UA - Breaking out of consolidation - $26 PTLooking at a near-term price target of $26... looking for more volume as a confirmation.
💡$UA💻 Breakout of key resistance level or a retreat?💰+17%📚If Under Armour sees a big green candle close above $19.70, price could continue higher to the $23 region. The $19.70 area was tested three times in 2019 and six times over the last few weeks. However, if price fails to break this region, it could retreat and fall to a previous strong NYSE:UA level of support at $15. Having said this, on the daily chart there is clearly an ascending triangle forming, which is a bullish continuation pattern. So in this scenario, I would favour the bull case
$UA Potential Box Breakout SetupUnder Armor been trading sideways for a bit over a month forming a box breakout setup.
Update on UAA Earnings play (Original was published on Feb 4)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.
Under Armour (UAA) Upcoming Earnings PlayPurchased 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.
