UNDER ARMOUR, INC. CLASS C NYSE:​UA

PT $22

Under armor recently got rejected off of previous resistance and has fallen sharply since. Looking at some nice long term support here with bids @ 17.5. Always use a stop loss.

UA recently broke resistance (yellow line), if the stock can push past this and set a new support this would be very compelling. note that I'm not advising a position yet, this looks more bearish short term but we will have to wait and see.

Stage 1 >>> Stage 2 - wait until the market goes overall bullish though

walking up the trend line. May give it another day and likely go long

Road to 25$

Confirm NYSE:UA breakout with above average volume and close above $19.30.

$UA quickly regained the broken support around $17.65. May be worth picking up a morning dip tomorrow Stop would be below 9/19 candle

with Trump and China going at each other with Tariffs this will probably sell off with the rest of the market I would just watch a bit for now on UA - it does seem like the downward trend could be broken so it might be a good to look for a place to buy, however their fundamentals kind of suck: www.finviz.com low sales Q/Q & high forward ...

Long and an add above the 20.56 LVN zone area north.

Really don't care too much for growth value in retail; can't say the recent / current pop isn't interesting to watch, though. Haven't seen an A+ long-term play in the sector for a while so, this one is something to watch.

See chart. Note: PRICE MUST BREAK RESISTANCE AT $17.47, IF IT DOES NOT the stock may consolidate in that small range or fall. If a breakout is confirmed, at the very least I would expect UA to fill the gap between $21.4 and $24.97.

LEVELS TO WATCH

I've been following Under Armour for a while now. I don't like this stock long, but on a swing trade this might be a good play here based off how the stock breaks out of this wedge pattern. If it break above $14.50, I'd keep it with a target of about $16.20. Obviously, if the stock breaks out to the downside, I'd stay away.

Back to the bottom side of this support. Could be good r/r here. No trade for me yet

Low risk trade here. UA has been in a down trend for a long time and now starting to look like it might be starting a brand new up trend.

UA is on its way to breakout. Wait for retest to buy and hold for long term/ Follow me goo.gl CuongFX

Measured move.