Let's follow up with last week's assessment of Under Armour (UA). "Under Armour to Test Range Resistance". Under Armour (AU) Daily Chart(click to enlarge)Range Resistance:- The daily chart shows Under Armour (UA) in a range roughly between 17 and 20. - It ended last week cracking the range resistance. The impressive thing is that it accelerated towards the resistance instead of slow down.- The other key bullish signal is the RSI pushing above 70, which reflects bullish momentum.- If price retreats, a bullish market should hold above 18.50.Targets:- In the previous assessment, we said a break above 20.20 opens up the 23.50 pivot with some room towards 25, where price would test the 200-day simple moving average (SMA). - Because the prevailing trend is still bearish, we should limit the most aggressive target to 27.50-28 area, which involves the high on the year, and a common resistance area for a consolidation that stretched from November through January.