Under Armour Inc - 30d expiry - We look to Buy at 7.05 (stop at 6.71)
Posted a Double Bottom formation.
6.97 has been pivotal.
7.00 continues to hold back the bears.
Bespoke support is located at 7.00.
Dips continue to attract buyers.
We expect prices to stall close to our bespoke level (7.00).
Our profit targets will be 7.90 and 8.10
Resistance: 7.65 /...
Price action is showing a potential market structure shift to the upside. At a nice level to take buys from considering the price action. One of my personal favorites on my watchlist due to the price action setup on multiple time frames.
Analyzing the options chain and the chart patterns of UA Under Armour prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.27.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
UAA has a buy range between $6.40 and $8.
We caught this UAA long in the early stages of a breakout around $7.50.
Target Prices
TP 1
$14 is the first price target
TP 2
White resistance line (tough to accurately forecast, I will update this target later).
TP 3
$22 is the third price target
TP 4
$51.77 is the fourth price target then UAA can find price...
UA has the best possible set up you could ask for. I am in this from the entry point on the trade and will add if this support holds... I know I should've posted it earlier.
A double bottom at a critical level completing the typr two return of the bullish cypher. Along with this showing bullish divergence. On top of this the weekly looks AMAZING .
It...
Chart looks like it's bottomed and we're starting the scamage higher - no idea what the company fundamentals look like but their clothing is comfy lol.
Beautiful setup.
-Class A bullish Div on both oscillators
-Backtesting and holding an ice line support after a false breakdown
-daily hammer candle off support
Easy R:R
Best of luck!
A double bottom formation is seen on the chart at the level of 7.13. As long as the prices remain above 7.13, the transaction can be entered or let's look for closings above the wedge indicator in the weekly time frame. Pay attention to the wedge resistance in the monthly time frame.
NYSE:UAA is showing so really strength in it's financials and backing this up, technical analysis is showing investors are confident in the growth for this quarter. It has been showing a steady and supported growth which all signals indicate will continue.
A Buy Long position entry is coming up soon at a supported price of around 11 with a good Sell Out...
NYSE:UAA
Taking a look at under armor here. Here's a ticker I completely forgot about last year lol
Looking at it here though it may be time to put this one on your watch list
could potentially double in value in the coming year.
Really like the look of this chart as a long term hold.
No trade set up since its sort of pulled away from an entry level but even...
NYSE:UA
"Our preference: “Neutral" on the trend and pivot point, pending market driven data. Alpha1's favored outcome illustrated by the directional arrow(s) on the chart image.
A comment that briefly describes the arguments underlying the strategy and how Alpha1 formed its opinion.
o Bullish – Trading Opportunities:
The pair has been trending upward on...
After dubbeltop formation and deep corrections we now see an clearly head and shoulder formation, if it holds (12 dollar) i think we can have a nice uptrend for UAA (bullish)
