4UAA trade ideas
UAA bullish pennant breakout repeat?UAA has had a minorly positive earnings report and has been in a nice uptrend since. After breaking out a few times and now forming the same technical pattern again I wonder if past events will repeat? We shall see...
$UA Weekly OKUUUUURtReally don't care too much for growth value in retail; can't say the recent / current pop isn't interesting to watch, though. Haven't seen an A+ long-term play in the sector for a while so, this one is something to watch.
UA Inverse Head & Shoulders Breaking out Now!See chart. Note: PRICE MUST BREAK RESISTANCE AT $17.47, IF IT DOES NOT the stock may consolidate in that small range or fall.
If a breakout is confirmed, at the very least I would expect UA to fill the gap between $21.4 and $24.97.
Under Armor changing directionLooks like under armor is ready to move up:
Down trend line broken
Prices broke above 200 EMA
RSI bottoming at 40% (bullish sign)
Yesterday's close was above resistance level of 18.40$
Target(s): 20.9$, 22.50$
Stop Level : Close below EMA50 (currently 16.88$)
Under Armour trending higherUAA is making a move higher inside Andrew's Pitchfork after breaking above a consolidation zone. A great short-term setup.
Under Armour Long. One of the best opportunities in U.S. stocksHuge upside potential, I expect 100%+ stock price growth.
Long-term.
Two potential 1-2s, should accelerate soon
Expected price trajectory on the chart.
Good luck!
UA Wedge BreakoutI've been following Under Armour for a while now. I don't like this stock long, but on a swing trade this might be a good play here based off how the stock breaks out of this wedge pattern. If it break above $14.50, I'd keep it with a target of about $16.20. Obviously, if the stock breaks out to the downside, I'd stay away.
Possible BreakoutI'm taking a small position on UAA with stop set at 13.50 and taking a chance on a 200 day SMA break and recovery.
New trend starting to the upside for UnderArmor Low risk trade here. UA has been in a down trend for a long time and now starting to look like it might be starting a brand new up trend.
UAA - Retest gapI'm liking this retest gap on UAA. There are still a ton of shorts in this stock and as they cover they will push this stock higher. And any news or headlines will only help.
Wait for retest to buyUA is on its way to breakout. Wait for retest to buy and hold for long term/
Follow me goo.gl
CuongFX
UA LongMaybe we have a cyclic Pattern with next high end of july. The Downtrend seems to come to an end after bouncing from 76 Retracement and making higher highs. If resistance (red box) can be broken - the way to the downward trendline may be open. If SL is under last low its a 2.3R .
Under Armour is trying to breakoutUAA has been in long term down trend.
Now I'm looking at the possibility of reversal breakout.
- weekly chart touching the upper line of descending channel.
- daily chart is showing a gap-up with strong volume.
CAUTIONS
- UAA's down trend has been solid.
- UAA's fundamental is still disappointing in terms of growth rate of revenue, eps.
- However, short term chart shows institutional demands.
- check if breakout of upper channel line occur with strong institutional buying.
Bearish ButterflyUAA, Set other cancels other order for target/stop prices. will continue upward to fill the pattern in, still learning.
Target: 17.50
Stop: 13.50
Time Frame: Feb 20th
UA: Scouting for a Short PlayPossible Short in the making. A close above clear resistance will bust the Short play. I am scouting for a play and will not take a position until I see a clear breakdown.
UA: Bull Play...Well Lets Not get Carried AwayThis post is a heads up. There is a potential Long play in the making, but watching for a Short entry is why I'm following this.
Short UATesting 100 MA and gap resistance, overextended upper Bollinger Band and Overbought Stochastic RSI.
Risk/Reward 2.
