Halftime Report: UNIT at Crucial Potential Breakout PointTrade Alert: UNIT – Bullish Breakout & Fib Retracement Play 🚀📈
Symbol: UNIT
Exchange: NASDAQ
Company: Uniti Group, Inc.
Trade Type: Stock (Long)
Market Sentiment: Bullish
Alert Priority: High
Current Price: $5.08
Target Price: $8.50
Recommended Entry: $5.64
Stop Loss: $4.65
Market Update & Trade Rationale
Uniti Group (UNIT) is on the verge of a major breakout, looking to push past top-line resistance and rally towards the $8.50 50% Fibonacci retracement level. Recent earnings results and corporate financial moves reinforce bullish momentum:
✅ Q4 Earnings: Met EPS estimates at $0.35, up 2.94% YoY
✅ Revenue Growth: $293.31M in revenue, a 2.68% YoY increase despite a slight miss on estimates
✅ Fiber Securitization Notes Offering: Completed a $589M offering, securing capital to repay debt and fund expansion
Technical Analysis
📌 Trend Strength: UNIT is attempting a breakout past resistance, targeting the $8.50 Fib level
📌 Support & Resistance: The $5.64 zone aligns as an optimal entry, offering a high reward potential
📌 Volume Confirmation: Increased institutional activity suggests strong upside continuation
📌 Risk/Reward Setup: The 3:1 ratio ensures a highly favorable risk-to-reward profile, with a tight stop loss at $4.65
Fundamental Insights
📊 Earnings Stability – Consistent EPS growth and a 2.68% revenue increase support strong financial health
📊 Debt Management – Recent securitization allows for debt restructuring, improving long-term balance sheet strength
📊 Sector Strength – The telecom infrastructure sector remains resilient, with fiber network expansion driving long-term revenue
Conclusion
UNIT presents a strong bullish setup, targeting a breakout above key resistance towards $8.50. With a favorable risk/reward ratio, strong earnings growth, and financial restructuring in place, this trade has high upside potential. Traders should watch for volume confirmation around $5.64 to confirm momentum.
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UNIT
UNIT - DAILY CHART Hi, today we are going to talk about the Uniti Group and its current landscape.
Uniti Group is poised to receive increasing attention from the market as relevant events are taking place. The company is looking to raise $85 million to acquire the Australian company 1300 Holdings, move that Uniti Group chairman believes to be assertive as would improve company data infrastructure and be vital to boosting Uniti earnings. Now we must follow the next steps of the company to see if this spending will pay off.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
UNIT: Another dividend option for you IRAAt current price pays 15.6% dividends. But I think the chart looks promising for price increase too.
It is a real estate REIT but is in the communication industry. If they figure out how to send major info through our existing electric wires (which could happen) then all our towers and cables may not be needed. Until this happens this looks good to me. May be at a double bottom or may still test lower channel trend line. When current down trend line is broken it should be a buy with most recent low the stop.
Analysts: Strong buy 5, mod buy 2, hold 3.
"Uniti Group, Inc. is a real estate investment trust company, which is engaged in the acquisition and construction of mission infrastructure in the communications industry. It focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. The company operates through four segments: Leasing, Fiber Infrastructure, Tower and Consumer CLEC. The Leasing segment represents its REIT operations, including the results of its tower and ground lease operations. The Fiber Infrastructure segment represents the operations of the Uniti Fiber business. The Consumer CLEC segment represents the operations of its Consumer CLEC Business and corporate expenses directly attributable to the operation of that business. Uniti Group was founded on April 24, 2015 and is headquartered in Little Rock, AR."