U has fallen from an ugly top and bear flags/pennants have formed on the way down. Unity fell from a prior head and shoulders and recovered. That was then.
The all time low was recently made which is slightly lower than the IPO price of 65.11. I am often leery of stocks this close to the point of having no support. IPOs can be great until price goes below the...
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $90.99
Target Price: $86.50
Stop Loss: $95.46
Hi Traders,
Here's my Trade Idea for UNITY, after a good V shape reversale, followed by Downtrend Breakout, and not too bad Momentum, I think if it breaks the 105.9 level, it may reach the mentioned targets.
Buy Stop 105.9$
STOPLOSS 91$
Targets:
127$
136$
156$
Nfa, DYOR, and good Luck.
Let me know what do you think in the comments!
Hello Friends!
It’s been a nice move from the bottom for Unity, congrats to the profit takers. From this point I think there are two ways to play this.
Option#1: Looks like a rising wedge will play out to pull back to $93 support before the next move up to $125.
Option#2: If it moves up to $108 and pulls back to $105, $125 might be in play.
As always thanks...
Unity Software - Short Term - We look to Sell at 101.55 (stop at 109.41)
Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. 50 1day EMA is at 103.50. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 74.13 and 67.10
Resistance: 100.00 / 120.00 / 135.00
Support: 90.00 /...
Head and shoulders pattern that is well below neckline at this point.
3 year low 65.11. There is no support under 65.11.
Yearly low is 76.
No recommendation
Unity Software - Intraday - We look to Sell at 104.06 (stop at 111.92)
Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. The primary trend remains bearish. Further downside is expected although we prefer to sell into rallies close to the 100.00 level.
Our profit targets will be 78.95 and 68.20
Resistance: 95.00...
Unity Software`s game engine is used to create more than half of the world's mobile, console, and PC games.
They recently bought Weta Digital, which created the special effects for The Lord of the Rings and Game of Thrones.
I see a short term price target of $113 and a buy area if it will be the case when the interest rates will go higher at $90 - $95.
Morgan...
u recently rejected off local resistance area, next target is local support now (90.70) if it breaks below this area we can target 75.72.
maybe we see a bounce off one of these areas, but many recent IPOs have recently made new all time lows, so be careful.
like and follow for more!💘
I think the chart is looking very simlar to the previous waves we have seen since the launch of Unity Stock.
RSI and MACD looking fresh for a reversal, while we still have some way to go to catch up to the higher timeframe moving averages, I think we will get there.
With an estimated 170% return on Investment per the two previous cycles of the chart, I think we...
Hi Traders,
Unity being (one of the) wheels for an upcoming VR&AR revolution, this stock might be trading around 3x to it's current price in few years (maybe next).
An expanding triangle (megaphone) pattern suggests we are at the lower band now which is a good entry for buying opportunity. We might see some pressure at 160-170 which is 61,8 FIB and a DEC...
U is an upward moving channel. More specifically, we just touched the lower bottom. It looks like the support just gonna hold.
There is a +30% gain opportunity.
However, be careful because the broad market is looking weak.
Price target: 142,10
If support breaks: 76,67
Unity Software, Inc. develops video gaming software. It provides software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The firm operates as a platform for creating and operating real-time 3D (RT3D) content. It was founded by Joachim Ante and David Helgason in 2004 and is headquartered in San Francisco, CA.
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