U reach the dip ?!Fundamental:
U has a very good fundamental as ARK Invest keeps collect on the first day of the sharp drop.
I believe ARK will keep collecting the ticker as the fundamental is still there.
The gaming sector will keep growing especially everyone stay at home.
-Stochastic showing oversold which warren buffet once said that it is wise for investors to be
“fearful when others are greedy, and greedy when others are fearful.”
Technical Analysis:
1. head and shoulder: after breaking the neckline they will meet the same portion at the support which is 110
2. Fibo 50 is supporting at 120
3. Divergence of Stochastic is showing higher low
I will make a collection of those 2 entries with convincing for long investment, plan to hold for months
**Disclaimer: Buy at your own risk!
US3 trade ideas
nice entry pointas by me, this is the best stock currently from all of the blue chips. unity is the leader in gaming engines, it's only competitor is epic games with unreal engine which is even not close in the meaning of software interface, possibilities etc.
for me was good entry point even of 144, but now it's even better than my all expectations. it's tesla #2
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!
U, Time To Buy?Hello fellow traders and investors, here's another trade idea.
Unity has recently pulled back to the trendline that acts as a support and previously has recovered to the other trendline that acts as a resistance. If Unity makes a recovery to the upper trendline it offers a little bit over a 25% ROI.
Technicals:
The Macd indicates that Unity is oversold
The EMA's indicate that Unity is still in a downtrend
When To Buy:
When the EMA's crossover
When To Sell:
I would exit the trade whenever the price gets to the upper trendline
NOTE: I don't partake in setups like this one since I uniquely focus on stocks that pullback from a bullish run and Unity has been in a downtrend channel. If this trade setup meets your criteria then add it to your watchlist and follow up with it.
Hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like and follow, Thank you.