February 27, 2019

A Darkhorse In the Sports Apparel Sector?

The red-headed stepchild of the sports apparel industry. While Nike and Adidas are hitting record sales and demand, Under Armour is losing their biggest consumer and fan base, the younger generation. That being said, we are starting to see Under Armour shift their focus and actually start acting like a company with growth potential. On the chart, UA has held the 200-day SMA and finally have started to extend away from this level. I am not entirely bullish on the long-term health of this company, but I am bullish about the chart. Keep UA on your radar as I think the stock has a strong chance of breaking out soon. Stay Tuned!  

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

Read Similar Articles

September 20, 2026

The Week Ahead: RISING PRICES

RISING PRICES The Dow, S&P 500, Nasdaq 100, and Russell 2000 all struggled this week, despite a Thursday rebound and an extremely muted triple witching expiration on Friday. Investors digested a Federal Reserve rate hike, a higher 10-year Treasury yield, renewed Iran-related energy risk, and fresh uncertainty around the AI investment cycle.  Geopolitics remains a major […]

Read Article
https://www.prospertrading.com/scott-bauer-ikbr-091626/The Fed Rate Hike: What Investors Should Know
September 18, 2026

The Fed Rate Hike: What Investors Should Know

Scott Bauer joins the IBKR Podcast to break down what matters most after the Fed’s latest hike, from Warsh’s tone to housing data and the October hike probability.

Read Article
September 13, 2026

The Week Ahead: NEVER FORGET

Markets shifted decisively during the week from an AI capex earnings-driven backdrop to a more macro-driven and uneven tape. Rates, inflation, petroleum, and Federal Reserve expectations moved back to center stage, with all major equity indexes under pressure. The biggest market driver was the renewed surge in crude oil. Heading into what is likely to […]

Read Article

Read Similar Articles

July 15, 2026

The Fed, Oil, and What Earnings Season Really Means

Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.

Read Article
July 5, 2026

The Week Ahead: Happy 250

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]

Read Article
June 28, 2026

The Week Ahead: Darn Inflation

A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]

Read Article