22.03.2016 - Quotes of Under Armor can show strong growth after the correction

The price of Under Armor after reaching an inclined line of resistance and the level of 86.00, started to correct downwards. In case of continued downward dynamics quotations may reach the inclined support line after overcoming of which a potential targets will be 80,00 and 79,00. On the other hand, fixing above 86.00 will be a signal to buy with targets at 97.00 and 105.30. We expect the price growth in the medium term.

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