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Under Armour, Inc. Class AUnder Armour, Inc. Class AUnder Armour, Inc. Class A

Under Armour, Inc. Class A

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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. If you want more trading ideas like this one ,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NYSE:UALong
by trading_as_bus
2
💡$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
NYSE:UALong
by zvissss