NYSE:U (Unity) broke below the long-term support. Breaking down below $22 would be quite bad for the stock. It desperately needs a bounce for the bulls.
There are too many uncertainties with the stock:
- Lack of announcement for a permanent CEO.
- Interest rates
- The impact of Sora and other AI tools.
The company needs to announce a new permanent CEO or...
NYSE:U showed that that $25.13 is holding strong. If it stays above it will be forming the pattern. It is going to take a while (1-3 months) to complete the pattern. I believe a daily close below $25 should be your stop.
NOT A FINANCIAL ADVICE. NO POSITION CURRENTLY
NYSE:U is a bottom fishing play for me this morning. It has both broken the downtrend line and can be considered an undercut and rally as it undercut the low of March 19 and has risen above it. My stop will be just below that March 19 low of $25.13 Giving me a nice risk reward stop.
The chart I am using is the All-In-One LevelUp tool available here on TV. Check...
We've opened a leveraged continuation long on Unity software. Our larger setup hit it's first TP before retracing.
There is clear bullish divergence maturing, along with a falling wedge breakout on the 4h, all happening at a key level of significance.
Above this level in history, we have always gone to a minimum of 39$, hence the first TP.
The 4h set up can be...
As could see NYSE:U break the downtrend line on 09 Apr but is it mean the bull coming for Unity? Cant wait to the earning release for the company on 09 May 2024? #UNITY
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007.
On a daily chart, short term target for U is at the daily sell side liquidity at 27.75
which is also at the daily fair value gap in discount. A possible bounce back to 35.63 if it plays out or a continuation downward to the 2 sell side liquidity levels below at 22.51 and 21.41
Wait and see if a daily close below 27.18 for confirmation bearish
Unity got everyone’s attention when Apple announced its partnership with Unity to develop its VR glasses ‘Vision Pro’.
Apple is releasing ‘Vision Pro’ on Feb 2nd, and it’s not a coincidence this 3rd Wave aligning with its release date.
Started a starter position, but best entry would be around 30.
Stop loss - 24
Long Entry - around 30
Target #1 - 40
Target #2...
Hi traders,
we can see the the price has been in the downtrend. We expecting the price will retest the base which would be a great opportunity to load up on UNITY SOFTWARE STOCK. The estimate target is around 77 $ which should be acting as a strong resistance.
Good luck
Unity Software (NYSE: NYSE:U ), once lauded for its innovative toolkit used by video game developers worldwide, finds itself grappling with challenges as its latest forecast falls short of expectations, sending its stock tumbling in Premarket trading but shortly consolidated and surged by 5.69% hours later.
In premarket trading on Tuesday, Unity Software (...
Prolly ignoring it now too. If this is all you wanted then it is ok. Everything you need is presented in this chart and in few hrs we will ring the cash registers.
See U then.
META stock is so expensive as is AAPL. NYSE:U is your best second-order play on the AR/VR future at a cheap price, not pricing in any growth at this point really, very downbeat and pessimistic pricing on this stock.
Unity Software is positioned for significant growth in the VR/AR gaming sector, fueled by the expanding ecosystems of tech giants like Apple and...
