See chart as I expect PLTR to catch up with Unity. Back to ATH's when MM's decide to let this go.
A spike in consumer spending in the online gaming industry is expected to have driven Unity’s real-time 3D technology adoption among gaming companies. Unity has been developing its platform by introducing product capabilities, which are likely to have been a major growth driver. The constant demand for interactive, real-time 2D and 3D content for mobile phones,...
Hi everyone! Today I decided to post an update on my initial NYSE:U prediction made a month ago. Here is what happened: Price broke out of the long-term downward trend sooner than I expected. Trend line got softly backtested and held. Supply level at 139 level was reached. Return to strong 128 demand level. As much as I love this stock I do not...
Gap fill, uptrend Should fly soon enough to 150 or more, maybe a pullback to the 129$ before the big run
Unity Software is trading in a bullish channel. It has already completed 3 waves and should retrace to around $115, before it resumes its uptrend to $170-$180. We are currently trading inside an ending diagonal of a fifth wave, which means we will have to retrace deep. TRIX , which is basically a modified MACD histogram, is flashing bearish divergence. I have...
NYSE:U is probably making the comback. With this head & shoulders I would buy the breakout above $115. Also the price is making a bullish divergence with the MACD but the price is still below the 200 day MA. I think it needs to break that level to actually start a good bull run. I'll be waiting.
50MA is about to catch the 200MA, and if Unity breaks 130, should be able to confirm uptrend to fill the gap above. Unity made a higher low last Thursday before regaining momentum upwards. RSI is holding above 50, still in an uptrend MACD is positive still 4H chart shows hidden bullish divergence
Playing the 3rd wave down here. Stop loss would be above red box. GL
Here is my technical analysis of NYSE:U stock using my boxes strategy. NYSE:U price has broken out of the box recently on great earnings news. In 2 days it hit a long-term resistance and reversed down. Price has bounced off of the box ceiling that has become support now. I see two scenarious for further stock movement. Scenario #1. 1. Price breaks...
Inverse H&S pattern We've got the breakout with very good volume ###NOT FINANCIAL ADVICE###
Unity should end wave 2 soon between now and .618 fin zone. I would place my stop loss slightly under this and wave 3 PT would be 155 if we find a bounce within the .618 fib zone.
Unity is following Snow in this sequence and Unity should Rip up this week. Have the 01/21/22 110C's and look to play Unity through earnings next month. GL! (red) short term levels and (white) mid term levels $Unity $Snow #Investing #Options #Stocks
-Unity was one of the stocks that had the biggest on its stock price during the recent tech recession. -Now is the time for the come-back! Sit tight and enjoy the rise!
I usually have a number of stocks that I like because of the fundamentals, and I just wait for the technicals to do what I like. This time NYSE:U is doing it in a very good way. The price is not yet above its MAs but it has a strong divergence with the MACD and the ADX is below 20 points, all this while formming a "low cheat" which is like a mini "cup & handle"...
UNITY has a potential Double-Top formation!
Premise: Convergence probably occurred before initial jump to ATH (not drawn) 2nd convergence noticeably begins around the time Momentum Squeeze kicks in for the buildup to Q4 earnings report. Momentum at breakout was BEARISH, despite P/L changing in the positive direction (earnings much closer to estimate than in Q3) If this performance holds up, Unity's stock...