Technical Analysis (TA) Price on the weekly bottomed out with some reversal signs on the weekly chart. Daily is being squeezed and there is potential for a mean reversion/breakout above $9.75 which might shift the moment to a Long with some key levels at $11 and $12.80. Price Target Entry $9.75 Target 1: 121.60 (+18%) Target 2: 14.80 (+50%)
Stock has taken support and reversal trend is seen so definitely it can reach $25 and for long term it can reach around $40
NYSE:UA Possible Scenario: Long Evidence: Price action, Money-flow, Double Bottom reversal pattern, Oversold dead cat bounce scenario Entry Point: 17.10$ TP:17.59$ TP2:18.04$ TP3: 18.45$ *This is my idea and could be wrong 100% *I'll update this post if I open a position based on Entry point; if it doesn't hit it, the Idea is void.
As shown, expectation is the low is in. Would expect upside to at least the fair market value shown. Will continue to monitor and track closely.
As shown, nice bounce off the lows. Five wave structure starting to occur. Would expect upside to at least the fair market value.
Will be trading this via the Janurary 20th, 2023 CALLs at the Strikes of $9-$10 As we Potentially Double Bottom while Testing a Previous Resistance Zone as Confirmed Support.
Under Armor, a stock I have been watching closely. Multi-year falling wedge breakout and retest. Volume is screaming capitulation coming into 07 high of $9.28. RSI on the macro TF'S are oversold so I am very interested. Trading at a lower P/E ratio than peers in the sports brand sector. 10 SMA tracking sideways indicates a sideways moving market and we are...
Hi everyone!, we have confirmed some targets for $UAA you can get is and keep it for more than 50%
weekly and monthly chart of stock "ua"....................................................................
I love under armour the company is always innovating, and the sales are strong every quarter, so this we have a good one here, 2 Flags, the movement should be relatively faster.
UA is having a nice little run-up. UA is over the MA and looking to head to the next one as a test!
With 1:3 Risk to Reward. See the SL and TP levels.
After beat earnings, stock down significantly. SELL VOLA on FAIR VALUE -> Short 11/03/2022 16PUT provides 8% protection on weak momentum IV30 % Rank: 69%
Earnings watch 2/11 pre-market: UA CLF GT MGA APO BYRN NWL AB D ENB Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
I've been looking at Under Armor. I think that it has been doing great the last few days despite all the fear in the market. In my opinion this is a great swing trade opportunity. In fact i have a strategy for both cases, either short or long. But if you put a gun to my head and make me choose, i think it's a bigger chance to go up. If the support line holds...
Long going into earnings in a couple of weeks, should head to the same spot pre-earnings They've actually turned this crap company around and they beat every quarter. If I make money on this trade, i might even drop a few bucks for earnings. Got hammered along with retail and small caps, expect a bounce next week. Daily got oversold on RSI with positive MFI divergence
Citi bank upgraded from Nutral to buy and price target of 29. Just experimenting here. This would be a bottom of range accumulation type of play.