 Shares of Under Armour Inc (NYSE:UAA, NYSE:UA) for the better part of the past two and a half years have been in a sea of pain. The big drop in UA stock over this time not only destructed much stockholder wealth but, over the past few months, also ultimately led to a severely pessimistic attitude on the part of stock holders. Shares of Under Armour are a great recent example of why its important to have a process in place that measures trends and trend changes in different time frames and thus becoming aware of when bull or bear trends may be changing.
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