Feb 13 2018 - Kohls & Under Armour on the move

The major indexes moved slightly higher today and all eyes will be on the 20-day EMA & 50-day SMAs to the north. The combination of these two moving averages coming together can easily act as a resistance zone or if they are broken, would put the bulls back in control of the technical trend.

Kohls (KSS) triggered a buy signal today and has held up quite well during the overall market decline. Under Armour (UAA) gapped higher on earnings and is now testing the 200-day SMA. If KSS can close above it, there is the potential for some significant upside targets.

Have a great day!

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