UA in an upward trend at important level.

20 בפבר׳ 2019

The stock has been rising since the end of last December, and now it is reached a very important level. This level between 21$ and 22$ (21.8$) had a very important role in the last half year. The price has tried to break through it 3 times but it couldn't manage it, however. So we are here again after a 2-month-long upward trend, but it seems the stock struggle to break through again. It has a very rapid rising last week but it couldn't stay above 22$. But this time 21$ (20.93$) supported the stock and it hasn't sunken under 21$ since then. It may indicate the upward trend will continue and this time the stock will be able to stay above 22$ and that means the next stop can at 24$ that means a good opportunity for long.

23 בפבר׳ 2019

הערה

After my idea was published the stock performed as expected, it'll be able to pass through this level and the upward trend will continue in the next days/weeks in mi opinion.

28 בפבר׳ 2019

הערה

NYSE:UAA managed to go above 21.75$ so the growing goes on. Next stop can be at around 24$.