2) Also, RSI indicated that the stock is being oversold, twice. (Crossing below 30) which ~ price will go back up.
3) Currently going through Correction, so it might drop to Support line before it bounces back up.
4) BEWARE 1: Through 1h chart, we see that the DI+ is almost going to touch and cross DI- from the ADX and DI indicator, which will make investors sell price.
5) BEWARE 2: The MACD crossed down, which will cause price decrease.
5) HOWEVER: Price decrease will probably stop around the Support line, and it is very likely to happen since it is going through correction. Drawn in my TA.
UBNT is fundamentally good too, for example, their quality is high and price is relatively low compared to its competitor. Also their over year EPS is at an increase, so bullish for long term invest to me. Let me know how my analysis is, thank you for reading.