UA has been in a long term uptrend since the breakout from 2012. Notice the trendline starts after resistance becomes support and tests multiple times confirming the baseline. The long term trend was recently retested around $32. As price is continuing to drop this trendline is possibly going to be retested. A good long setup idea is setting up in this area. ...
if you want to play long, I think a good area is the feb 12 gap... set an alert for this I have,,
Setting Up here, need confirmation over HOD
Broke from long standing channel. Expecting a backtest, then new highs
Lets see how it closes. Possible reversal if it closes with inside day!
Missed this entry by a hair on dip. One could buy on VWAP and descending triangle break.
Make the risk/reward work for you. If we gap up, you can try a breakout trade. I'd prefer a bounce off 5 day and then go.
Ascending Triangle w/ decreasing volume. On watch for bullish breakout
could go from here in any direction. We need UA to break out of the base and show some price action to buy it or sell it
Love the company , but there is nothing new to make the case of this rallying , especially in a weak market. Look to short 75 Look to cover low 60s cover risk @ 78
Can it go back to $88 and reverse to previous support at $45 ???
I am Short UA and I am targeting $68 as my first price target and $50 as my second price target. Ryan