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MikeMM

COmpelling setup in UAA

Long
Under Armour, Inc. (BATS:UAA)  
MikeMM Updated   
BATS:UAA   Under Armour, Inc.
Trend Analysis Harmonic Patterns Chart Patterns
7
1
trendanalysis harmonicpatterns chartpattern
I wouldnt throw my life savings in this, but a small bet could pay out big, with a well defined risk setting a stoploss below the recent swing low.

RSI trending up MACD trending up and losing sell momentum.

Adam and eve pattern forming

Giant BAT harmonic pattern completed, with a type 2 return into (Accumulation?)
Comment:
Earnings on Thursday should determine if support holds or not.

If support holds, I see no reason it shouldn't do a 2-3x at least.
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