UAA - possible swing trade opportunity
Atualizado
I've been looking at Under Armor.
I think that it has been doing great the last few days despite all the fear in the market.
In my opinion this is a great swing trade opportunity.
In fact i have a strategy for both cases, either short or long. But if you put a gun to my head and make me choose, i think it's a bigger chance to go up.
If the support line holds and we have a green candle today, and the FED announcement doesn't impact much probably i will open a long position right before closing.
If the support line doesn't hold i will open a short position 25% of the ATR under it.
I think that it has been doing great the last few days despite all the fear in the market.
In my opinion this is a great swing trade opportunity.
In fact i have a strategy for both cases, either short or long. But if you put a gun to my head and make me choose, i think it's a bigger chance to go up.
If the support line holds and we have a green candle today, and the FED announcement doesn't impact much probably i will open a long position right before closing.
If the support line doesn't hold i will open a short position 25% of the ATR under it.
Nota
Nota
It seems i have to change my position to a short after recent events.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.