Under Armour, Inc.
Short
Updated

UA before Earnings

148
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.

snapshot

WEEKLY + ADX:
snapshot
Note
Monthly shows 3 failed b-band attempts. This will force the stock to revisit 11-12 long-term.
snapshot
Note
4H chart shows a busted triangle with 3 mistakes, right before ER (bearish).
snapshot
Trade closed: target reached

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