UNDER ARMOUR INC
(UA-NYSE):
Technical Viewpoint: From a low
of $62.53 on Mar 2, 2011 prices
rallied, reaching a
high of $70.69
on Mar 8, 2011. A
decline saw prices pull back, reaching a
low of
$63.01 on Mar 18, 2011.
Another rally saw prices penetrate
resistance, closing 4/1/11
at $73.23. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 1, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $67.66. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 25, 2011. A P&F upside
reversal takes place at $71.00. Summary: Technical indicators have turned bullish. BUY! UNDER ARMOUR INC
(UA-NYSE) @ $74.13 Stop: Use a protective stop of $71.63.
UNDER ARMOUR INC is currently trading @ $73.23 plus $5.18 on Apr 1, 2011. Price Objective:
$89.50. Risk/Reward: $2.50 VS. $15.37. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$89.50
Risk/Reward:
$2.50 VS. $15.37
Risk/Reward Ratio:
6:1
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