I have some AUGUST CALLS that I have bought for UA prior to its earnings. Along the way, I took some profits. Even then, yesterday’s UA dramatic drop despite its good earnings have me thinking whether my bullish view on UA will hold. From the chart, definitely that long bearish candle is a sell.… Continue reading Under Armour, Inc ($UA) : Still bullish? Next entry.
RedHat just had a bullish cross a few days back (31 August 2009). The cross comes from a rebound off the kumo support at the same time, it is now facing immediate resistant at 23.24 The resistant level at 23.24 is significant as it is the high for the year. Coincidently, it is also the… Continue reading RedHat (RHT) : Bullish Cross with a Resistant