adolphus53

UAA take two (1)

Long
NYSE:UAA   Under Armour, Inc.
you fooled me once stupid stock. this time i will have the last laugh! i am thinking that my timing was off , if it keeps dropping i believe UAA would be overextended too the downside so even if this stock is going down a counterbounce should be in order

market = -1 (i think the overall market sp500 will stand still or drop within short time)
timing = 1 (if the stock keeps dropping its going into some support area + its very overextended on the short term down 30% i 2 month)
fractal = 0 (not much has changed here)
volume = 1 (volume is higher on the upswing then on this recent sell off so i would still consider that a +1)
group strength = 0 (when i look at the big apparel manufacturing companies they look to be doing ok , not great but ok)
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