Under Armour, Inc. (UA) Report – Bottoming Pattern Forming
This report outlines the development of a potential bottoming pattern that may lead to significantly higher prices. It outlines money management guidelines including trigger and price target. An aggressive/early entry opportunity is highlighted.
Under Armour is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth. The company provides HEATGEAR?, which is designed to be worn in warm to hot temperatures under equipment or as a single layer; and COLDGEAR?, which is designed to wick moisture from the body while circulating body heat from hot spots to help maintain core body temperature. The company's footwear products include running, basketball, cleated sports, slides, training, and outdoor. The company provides digital fitness subscriptions, along with digital advertising through its MapMyFitness, MyFitnessPal and Endomondo applications.
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