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UnknownUnicorn5323213
9 feb 2020 08:16

UA before Earnings Kort

Under Armour, Inc.NYSE

Beskrivning

UA likely to correct to 15 or lower post-ER.

– major formation bust since August last year, stock was not able to recover
– MACD bearish
– MAs super bearish (turned off in this chart)
– stock is now below 'Century VWAP' pre-ER (bearish)
– RSI super bearish

This post will be updated continuously when mentionable changes can be observed.



WEEKLY + ADX:

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Monthly shows 3 failed b-band attempts. This will force the stock to revisit 11-12 long-term.

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4H chart shows a busted triangle with 3 mistakes, right before ER (bearish).

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