📚If Under Armour sees a big green candle close above $19.70, price could continue higher to the $23 region. The $19.70 area was tested three times in 2019 and six times over the last few weeks. However, if price fails to break this region, it could retreat and fall to a previous strong
UA level of support at $15. Having said this, on the daily chart there is clearly an ascending triangle forming, which is a bullish continuation pattern. So in this scenario, I would favour the bull case
UA level of support at $15. Having said this, on the daily chart there is clearly an ascending triangle forming, which is a bullish continuation pattern. So in this scenario, I would favour the bull case
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.