Would 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.
Worth keeping an eye on for a solid breakout here. Look for a correction first.
Looking at a near-term price target of $26... looking for more volume as a confirmation.
📚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...
Under Armor been trading sideways for a bit over a month forming a box breakout setup.
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.
Our conservative TP for UAA still at 22usd, while aggresive TP at 26usd
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!
Is its fitness app a hit or just hitting a wall?
Short term trade, expecting to fill gap overhead Break out yesterday after weeks of consolidation and retest today on 0.51 RVOL Sector looks like its gearing up for a breakout in the next couple of days MACD turning positive P/T $20.21 / $22