Under Armour Update

Under Armour Update

Downside momentum appears to be easing. Back on November 4th shares of UAA were hit hard following a disappointing Q3 earnings report: https://investorplace.com/2019/11/under-armour-earnings-hammer-ua-stock/?mod=mw_quote_news. The stock began the session with a huge...
IBM Fading

IBM Fading

IBM has been consolidating in a bear flag since its ugly post earnings breakdown back on October 18th. A close below $134.00 would drop Big Blue to new November lows. With the 200 day moving average now providing overhead pressure we expect a break of this level to...
Costco Breakout?

Costco Breakout?

Costco is heading for its best close of 2019. COST has been moving steadily higher since its October 4th low. At today’s peak the stock is up just shy of 9% since reporting its Q4 results. COST is beginning to pierce a key overhead trendline that has capped the...