$U Time to long UnityUnity seems to have finished an a-b-c correction wave after earnings and seems to be on course to new highs. I wave 2 has been put in to the T of these fib levels, then we should see 180+ by the end of August/September.
UNITY
LONG UExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
LARGE CAP - SOFTWARE - TECHNICAL - SOLID GAINER - Unity Tech $U U has been a very solid performer in my portfolio, and I think now is a great entry point!
Today Cathie Wood added 195k shares for ARKK. Her buy is a great alert as any. She owns about 5M~ shares across her ETFs.
FA:
- One of the 2 kings of animation software. Until Epic Games (Unreal Engine) goes public, U is basically a tech monopoly.
- ER in 83 days
TA:
- Nice support level, at 0.5 Fib
- Bottom of Bollinger
- Made morning star reversal candle
- MACD converging, signaling bullish reversal
- RSI oversold, U never stays at these levels for long
- Nice ratio Gartley
- Gap to fill to 150~
Bear scenario:
- Looks like it can possibly go down to 0.382 Fib levels depending on broader market conditions... around 106
Strategy:
- TP1: 150
- TP2: 175
- SL: 86
- RRR: 1.77
- Timeframe: 83 days
- Long term PT: 240+ EOY
The RRR isn't too great, but I post this because this is such a solid hold IMO. My friends and I all love this one. GL and Enjoy!
Unity, not a good entry point for now but good in the long run NYSE: U
Unity, not a good entry point for now but good in the long run
$U Ready to bounce?After a tremendous uptrend right after it's IPO, Unity was sold off after ER, probably consolidating and preparing for a another move up. If the gap above is reclaimed, and if both key fib levels end up working as support, then last week's Friday candle was the golden cross, ready to long $U again. Need stronger confirmation on the bounce, but this could be the end of wave C, ready for wave 1.
Unity - Trendline No:1 or No:2 🤷♂️🤔-After an interesting week full of good news, Unity settled down around $125 (-15%). Although EPS $(0.10) Beat $(0.14) Estimate, Sales $220.30M Beat $204.23M Estimate and ARK purchased shares of U after drop, it didn't show us a come-back immediately. For a week already it has been testing the deeper deeps with slight drops.
-We came up with two trendlines for you, our followers! Our company believes in the first trendline and we are very bullish on this stock. We bought 4 ITM call options and bought some stocks as well on the very first day of the drop. We see the current price as a good entry point.
-In case if the downtrend continues, the potential support points would be: 99.27, 93.89, 87.10, and 82.15.
Unity Software - TrendlineHi Everyone!
One of our top picks for up-coming weeks is Unity Software Inc (U) with a surprising 14% drop on Friday. Here we tried to show a trendline for a 6 month period where we clearly can see that Unity followed it for a while, then it been overbought and now it is coming back to its normal flow. We can confidently say that an entry from here would be safe.
Is $CRWD ready for an $ABC correction to $195Is $CRWD ready for an $ABC correction to $195
CRWD is definitely a leader in its space but this run looks a bit extended and exhausted along with a potential corrective wave to $195.
Use options to define risk as premium paid.
Suggested options to use: Feb 5 Weeklies $200 put trading at $4 a contract.
Unity hits $160 before Jan 7It will test the new resistance although most of people think it is overvalued.
$U I will take it if it comes to $130 and $120 #WAITANDWATCH$U I will take it if it comes to $130 and $120 #WAITANDWATCH
Unity 28/29% ruleI like Unity Stock, looks like its an amazing software been use for almost all the VR games and experience. Mobile games and even game on blockchain like The Sandbox Game.
I only see a good future for the company.
$U Rising Wedge | Short down to $100Love the company but $U forming a clear rising wedge, volume declining as it finds resistance at $130. Looking for $100 and will go long there.
BTO December $100P avg $1.
Ascending Triangle trading opportunity$U has formed an Ascending Triangle with valid breakout.
risking 5% for 20% upside potential is a great deal to me.
###NOT FINANCIAL ADVICE###
BUY STOCKS NAS100 ANALYSISAs u can see on the day chart this flush can continue down to 9900 and than retrace back in to the bullish mode, it could also retrace from now hitten support and that mean, now is the best time to buy some stocks. Be carefull and watch the support if a are trading with leverage but when u investing its safer.
Hope this perespective will help you with trading stocks! If it will give me a like and share your toughts with me and other traders in comments!
GOOLLLDDDDD!!!!!Interesting times ahead with all the talk of the next big recession on the horizon and many markets reaching ath's and taking big dives, governments falling deeper and deeper into debt, housing markets long over due for a downturn and the banks playing all sorts of buggery on interest rates.....
Its a little known fact that GOLD and other rare commodities can be a safe haven hedge during economical crisis, silver, oil, uranium, lithium etc
Gold has rising almost 30% since its retracement low late 2015 and is now IMO at a key level of break out, not just from an overall down trend but a key level of resistance thats failed to break 5 times since mid 2016.
As the global economical climate draws closer to boiling point i wonder if this will be the catalyst to cause a break out?
40% + push back to previous ATH in sep 2011 after the run up from the last recession, some 600% from the very start of the tech boom or ......dot.com bubble...
Interesting times ahead, but gold not just being a rare desirable metal but having many use cases in computer circuitry, jewelry, medical and aerospace engineering makes it not just a speculative market but something of real use case giving it an intrinsic value unlike...FIAT CURRENCY.
change my mind :)
