Last time we looked at Under Armour (UA), we saw that price clearly bounce off of a consolidation range support just above 17.00. We noted that price should bounce up towards 20, with some resistance around 18.50. As we will see on the chart below, price indeed pivoted above 17 and then held under 18.50 at first. Then, price broke through 18.50, relieving the bearish bias that would be assessed if price held below 18.50. Under Armour (UA) 4H Chart(click to enlarge)Next Resistance:- Right now, the market is sideways, and the volatility seems to remain consistent - there is no expansion of congestion of the range. - Thus we can just anticipate price to push towards 20-20.20, where we can anticipate resistance.- A break above 20.20 on the other hand could introduce a bullish reversal outlook, which has 23.50 a previous support pivot, as the first area to watch for resistance.