Bullish on UA. Broke past resistance 4wks ago in high volume.
23
4 wks ago UA broke past resistance in a 22-wk consolidation. That past few weeks, it has been testing the old resistance as a support and successfully held above it.
I believe the breakout price is @73. With 8% stop-loss below the breakout price: @67.
With current price @75.66, +3.6% above breakout price, I am hesitant in placing a position. But 3.6% is not too far from breakout point.