UAA is a Buy here at the range lows with a limit buy order. Marked on the chart, multiple support hits. Look for Failure Test or Fake out or a pin bar with a tail that tests these lows
Good earnings (online sales have improved while less dependent on box stores) The stock is trading up to the breakdown from the Feb COVID hit
If the support line will be crossed down (20.70 - 20.75) consider go to a short position (day trade) On the other hand (and I think less likely) this stock goes up, and then a very tight stoploss can be obtained with a far target of around 28.00 for Swing.
Hello! Friends, -This would be a great Buy Opportunity, IF NYSE:UAA breaks up the Daily Resistance line at $24.30 (with a WHOLE DAILY Candle) !!
this is my TA on UA I think it will trade sideways until sept-nov and then break out to new highs it likes to trade in a channel before breaking out current breakout is not confirmed and likely a fakeout fadeout still bullish for long term look to accumulate around 14-16 IMO for a longterm
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,...
Why Not Today The price keeps recording lower lows and lower highs. More than this, the last bounce was not supported by anhy strong EMA. For me today's +5% was not an entry sign.
The price is moving and looks like it found support on short emas 50/100 (hourly)
UA breaks out with volume. Could be a potential winning trade
The daily chart holds well EMA 50, already used several times as support for this trend.
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.