Under Armour (UA) has dropped from the peak of $80 to a low of $62 over the last one month.
It has since rallied over the last one week to current price of about $70.
Right now, we can see from the Ichimoku chart that it may break the kumo resistnace at around 70.87 soon.
A weak bullish signal is already sighted from a Tenkan sen – Kijun sen cross.
Target price : $80 by September
Price level still within kumo. Resistance ahead.