Looks like under armor is ready to move up:
Target(s): 20.9$, 22.50$
Stop Level: Close below EMA50 (currently 16.88$)
- Down trend line broken
- Prices broke above 200 EMA
- RSI bottoming at 40% (bullish sign)
- Yesterday's close was above resistance level of 18.40$
Target(s): 20.9$, 22.50$
Stop Level: Close below EMA50 (currently 16.88$)
Comment:
First Target reached
Trade closed manually:
A bearish divergence is in place, looks like RSI topping around 65%, will prices are reaching new highs.