Under Armour about to act stronger, due to support?

 

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The past 100 days haven't been too kind to Under Armour (UA) as it has declined around 25%.  This decline has taken UA down to a crossroads of support, at the bottom of a falling channel.

Good place that UA could start a rally. If you like this pattern, make sure to have a stop below support. 

Premium Members were made aware of this pattern a couple of days ago.

 

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