HUGE UPSIDE POTENTIALBeautiful setup.
-Class A bullish Div on both oscillators
-Backtesting and holding an ice line support after a false breakdown
-daily hammer candle off support
Easy R:R
Best of luck!
4UAA trade ideas
UA Stock analysisI will be buying UA and will target 22 level and may leave part open if it goes up more than that
UAA // double bottom formationA double bottom formation is seen on the chart at the level of 7.13. As long as the prices remain above 7.13, the transaction can be entered or let's look for closings above the wedge indicator in the weekly time frame. Pay attention to the wedge resistance in the monthly time frame.
$UAA blinking me an eyeI sold my position at the top of the channel, but now the downtrend should be complete, everything is consolidating.
Month Long OportunityNYSE:UAA is showing so really strength in it's financials and backing this up, technical analysis is showing investors are confident in the growth for this quarter. It has been showing a steady and supported growth which all signals indicate will continue.
A Buy Long position entry is coming up soon at a supported price of around 11 with a good Sell Out opening at around 14.7 !
UAA has a lot of upside potential $UAANYSE:UAA
Taking a look at under armor here. Here's a ticker I completely forgot about last year lol
Looking at it here though it may be time to put this one on your watch list
could potentially double in value in the coming year.
Really like the look of this chart as a long term hold.
No trade set up since its sort of pulled away from an entry level but even still, this chart screams upside.
what's everyone's thought on UAA?
Happy Trading
*UA- POSSIBLE ST BUll TREND*
NYSE:UA
"Our preference: “Neutral" on the trend and pivot point, pending market driven data. Alpha1's favored outcome illustrated by the directional arrow(s) on the chart image.
A comment that briefly describes the arguments underlying the strategy and how Alpha1 formed its opinion.
o Bullish – Trading Opportunities:
The pair has been trending upward on the daily chart.
Price is making higher highs and higher lows.
Price crossed above the SMA 200 in early January 2023.
Price breached Resistance #1.
Next test will be Resistance #2.
• Factors affecting next move - Depending on macroeconomic events, earnings*, other fundamental data
*Earnings Release – Wednesday, March 23, 2023, Est. 0.088.
o Bearish – Trading Opportunities:
Next test will be Resistance #2. If earnings miss this will not be a good bullish sign, so look for short trading opportunities.
• Factors affecting next move - Depending on macroeconomic events, earnings*, other fundamental data
*Earnings Release – Wednesday, March 23, 2023, Est. 0.088.
The ST and MT trend summarizes Alpha1’s opinion and is Short Term (ST) over one week horizon or the Medium Term (MT) over one month horizon.
o Short Term – A1’s opinion within two weeks- Bullish
o Medium Term - A1’s opinion within one month - Neutral
UAA head and shoulder formationAfter dubbeltop formation and deep corrections we now see an clearly head and shoulder formation, if it holds (12 dollar) i think we can have a nice uptrend for UAA (bullish)
UAA Daily ViewHello and welcome to my opinion about UAA.
If we take a look at chart we cand see we are near to 200 EMA. If we brake this EMA and retest, it probably to reach 16.10.
If we just test EMA 200 it probably to go deeper at 5.01.
See u next time and take care of your plan.
UAA BREAKOUTUnder Armour breakout trade in play, watch for continuation.
Possible 'santa run' stock as kids will be wanted this brand for christmas.
UA: Raalies will be capped?!Under Armour Inc
Intraday - We look to Sell a break of 7.81 (stop at 8.89)
Remains bearish. A move higher faces tough resistance and we remain cautious on upside potential. We continue to expect further gains to be limited and look to set shorts for a further drive lower within the channel. A break of 7.80 is needed to confirm follow through negative momentum.
Our profit targets will be 5.29 and 4.00
Resistance: 8.20 / 11.00 / 14.00
Support: 6.00 / 5.00 / 4.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
UA HODL stop loss $0UA HODL stop loss $0 I believe this brand will either recuperated or will be absorbed.
UA monthly bearish hammer exceeding volumeUA monthly bearish hammer exceeding volume probably wave 5 of down trend unless it goes to zero ))))
UAA: Rallies should be capped!Under Armour Inc
Short Term - We look to Sell at 9.16 (stop at 9.59)
The primary trend remains bearish. Bespoke resistance is located at 9.25. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies.
Our profit targets will be 8.06 and 7.50
Resistance: 9.25 / 11.50 / 18.00
Support: 8.00 / 6.00 / 3.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$UAA - Mean Reversion/Breakout play for +20% upsideTechnical 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%)
Short term - 6 months target $25Stock has taken support and reversal trend is seen so definitely it can reach $25 and for long term it can reach around $40
UA | LongNYSE:UA
Possible Scenario: Long
Evidence: Price action, Money-flow, Double Bottom reversal pattern, Oversold dead cat bounce scenario
Entry Point: 17.10$
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.
$UA ~ Expect the low to be in...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.
$UA ~ Bottom appears to be in...As shown, nice bounce off the lows. Five wave structure starting to occur. Would expect upside to at least the fair market value.
Under Armour, Inc: Sitting at PCZ of Bullish SharkWill 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.
UAA, bullish retest falling wedge. 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 certainly at the lows of the range ($7.15-$27.5) so slowly nibbling into weakness is the way I'm playing.
Initial targets of the 10 SMA lining up with the eq of the range at $17.30.
I'm not really a big harmonic kinda guy but we have a bullish shark in play, SL-$5.97 TP1-$16.41 TP2- 26.19
release the crakenHi everyone!, we have confirmed some targets for $UAA you can get is and keep it for more than 50%
