After an amazing +10 move last week to the upside. UNITY seems a bit exhausted. As you can see Unity formed a possible h&S pattern currently sitting right at the neckline.(correct me if i'm wrong). We had alot of sell off doing FAANG earnings week, let's see how the market reacts .I see a move down to 104.50 - 103.50 area, if it's not able to hold 106.40 as support. Then a continuation to the upside to 115. Going to keep this short and simple.
Support 1. 106.60 Support 2. 105.66 Support 3. 103. 50
My overall target for Unity is 115
Good luck to everyone next week!!
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!