Under Armour (UA) has been trending higher since the beginning of March. The last 5 trading days has seen some consolidation and I think the next move should be higher.

Range Resources (RRC) is another example of a strong trending stock that has taken a small respite over the last couple days. Patterns like this usually continue the dominant trend after a rest. Next leg should be higher.

Under Armour (UA)


Range Resources (RRC)


P.S. Take my highest-probability swing trades every day.  Sign up for a free trial to Tom Incorvia’s Stock Swing Trading Service by clicking here.

Tom Incorvia is a professional swing trader with 20 years of experience in the financial markets. E-mail him at tom@traderinsight.com.

Disclaimer
The article submitted to the Tiger Shark Publishing LLC is presented for informational purposes only and should not be construed as a solicitation to buy or sell securities or securities derivatives of any kind, nor serve as any type of investment advice or strategies. Actual results may differ greatly from expressed opinion. The author expresses a personal opinion and will not assume any responsibilities of the action of the reader.