Theres been a breakdown of some pretty major support, looks like a short for now
increased positive volume right zat the resistance level. Looks like a reversal to me
but only if resistance is breached. Could be a short just as easily
reverse in momentum . To next fibonacci level if resistance floor is broken
recent publicity and rating rises make this a buy. I have included a short bet too as a test.
In an increasingly volatile world, maybe people will finally need the f35.
home depot has rentered channel, with increasing volume before the close. Long that mofo.
The latest correction barely touched well fargo. I see another leg up.
similar to my Kors trade. I estimate that UA will have another record breaking winter period. Under armours dedication to investing in new tech i.e new zips and dedication to licensing i.e spiderman thermals, means we should see even bigger growth for UA in the future.
Chart looks ripe for a breakout. Not to mention the boom in Michael kors brand recognition that I have been seeing on the street.