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Consumer Goods

Under Armour, Inc (NYSE:UA) : 52 week high. Watch for consolidation


Under Armour has rise from the consolidated range of $44 to $48 to a 52 week high of $57.14

From the Ichimoku chart, we can see that it has extended and deviate from the Tenkan sen and Kijun sen.

There is a high chance that it will consolidate in its new trading range with support at around $52 region.

By iam802

Trend trading with Ichimoku