Under Armour, Inc.
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Under Armour is trying to breakout

83
UAA 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.
İşlem kapandı: durdurma seviyesi
Downtrend was too strong to break out. Wait for the earnings call.

Feragatname

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