TRADING TIPS

UA or UAA: Pick One, They Both Look Higher

Hubert Senters here. Let’s take a look at you UAA or UA. Basically, the same thing Under Armour and Under Armour so there is UAA and here is UA. They look pretty similar. Pick your poison. They both technically look about the same to me. You could buy more of UA, Under Armour Incorporated. Looks pretty good. I mean it’s had a rough little time. It finally got above the cloud. It’s working a consolidation. Now, you got to breakaway to the high side with some momentum and the lagging line is above the cloud, the turning line, the standard line, everything looks good. Even the ADX is above $20. So where’s it going to go next? Now, obviously you don’t have to look too far. It is probably going to go to that area of about $19.56 all the way up to $21.61 and then after it gets up there and then we’ve got to make this big leap from this gap that it left up to about $25. But it could do it. So if it can get through $21.67 then it’s probably going to go north of $25. So take a look at either UAA or UA but basically the same chart. There are different stocks no doubt about it. But you can either trade you UA or UAA. You can probably get more of the UA because it’s a couple bucks cheaper. Good luck. Hope it helps. And I’ll see you on the next video.

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