The current price bounced from 0.786 Fib level (Daily) and yet to fill the gap at $148 zone. In my opinion they are a long term buy. also broke the trendline plus double bottom on daily. chart says it all, they do have earnings announcement in May.
I like $U. I like the stock. But right now, it's getting beaten up. I'm looking to go long.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Let's see if Unity continues with the H&S formation!
Unity 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.
Long-term this company will continue to thrive for sure
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: -...
NYSE: U Unity, not a good entry point for now but good in the long run
Long in U(Unity), my kids love it.
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...
-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...
Hi 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.
$JMIA to $38 and then $54 in 2021
Is $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.
Is $FSLY's support all the way at 73? Good buying level at 73