meszaros
Short

Under Armor continues to fall...

NYSE:UA   UNDER ARMOUR INC
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8
Under Armor continues to fall. In our opinion, the fall in share prices is temporarily halted. Nevertheless, it can continue to run in the longer term. Despite the fact that the Financial Times market consensus is expected to reach 10 usd in 2017, we believe it is even lower. The technical wave of the wave movement is visible at the level of 7.32 usd. We would therefore prefer to consider a short entry target rather than a market consensus.

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