UAA Long at Pendulum Low
Updated
Apparel Industry is gaining strength as seen from Superior Profit Industry Heat Map.
Today, another company in this group, UAA, went up by ~10%.
This kind of scenario keeps playing all the time.
When an Industry is at the bottom and starts to go up, several companies in that Industry starts to go up along with it.
There is no standard CUE Setup. But the CUE Bullish indications in both Weekly Backdrop and Daily Hop On; combined with its Industry Rank Improvement is attractive.
It moved out of narrow Daily Range.
One might consider Buying it for Long Term or Swing Trade.
Today, another company in this group, UAA, went up by ~10%.
This kind of scenario keeps playing all the time.
When an Industry is at the bottom and starts to go up, several companies in that Industry starts to go up along with it.
There is no standard CUE Setup. But the CUE Bullish indications in both Weekly Backdrop and Daily Hop On; combined with its Industry Rank Improvement is attractive.
It moved out of narrow Daily Range.
One might consider Buying it for Long Term or Swing Trade.
Comment
screencast.com/t/eCwKZr13Comment
screencast.com/t/1GYRVMQCTrade closed: stop reached
Swing Short was stopped out on 3rd May as explained in the forum post below.For Long Term Investing, if already entered, the Stop is not yet hit.
forums.superiorprofit.co/post/uaa-buy-potential-8491436?pid=1295697597
screencast.com/t/JijyvO0b
screencast.com/t/tgCNv7FGCIrk
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