0R2I trade ideas
UAA Long at Pendulum LowApparel Industry is gaining strength as seen from Superior Profit Industry Heat Map.
Today, another company in this group, UAA, went up by ~10%.
This kind of scenario keeps playing all the time.
When an Industry is at the bottom and starts to go up, several companies in that Industry starts to go up along with it.
There is no standard CUE Setup. But the CUE Bullish indications in both Weekly Backdrop and Daily Hop On; combined with its Industry Rank Improvement is attractive.
It moved out of narrow Daily Range.
One might consider Buying it for Long Term or Swing Trade.
Potential Earnings Plays 2017/04/26KIM (Reports 4/26/2017 AC) IVR = 82.6, Expected Move = 5.25%
XLNX (Reports 4/26/2017 AC) IVR = 61.8, Expected Move = 4.12%
SIRI (Reports 4/27/2017 BM) IVR = 69.2, Expected Move = 5.28%
UAA (Reports 4/27/2017 BM) IVR = 86.6, Expected Move = 8.08%
UAA long this week for a point plusnice up channel,, should get to 20.40 for 80 cents plus,, good luck, let me know how you do
Long idea for todayAfter Morgan Stanley’s Jay Sole gave it a good portion of support yesterday. Gonna enter if stays abv 19.5, add if breaks 20.00
UA - Under Armour, potential return to the centerline.As you see, it looks like the price to the downside is perfectly stretched.
The A/R Set meets perfect with the down sloping centerline.
Guess what trade I do? ;-)
Pè
