Buy $U - NRPicks 15 JulUnity Software Inc. creates and operates an interactive, real-time 3D content platform. Its platform provides software solutions to create, run and monetize interactive, real-time 2D and 3D content for cell phones, tablets, PCs, consoles, and augmented and virtual reality devices.
Volatlity
EMC2/BTC New Hunt Volatility Funnel (HVF)(Note: I'm a beginner at technical analysis. Comments welcome.)
Hunt Volatility Funnel (HVF). Volatility decreasing recently. Breakout if price reaches 383 satoshi. Stop loss percentage is large, but still 4.88 Risk/Reward Ratio due to 53.52% target. Stop could probably be tightened to increase RRR as time goes on.
EMC2/BTC is a very low liquidity market, so the trade will not execute perfectly.
Though I did not trade it correctly, EMC2 did hit my target on previous funnel 10 days ago:
Time to buy MPC? OVX might be a reason why. This is a simple overlay of MPC and INDEX:OVX .
The chart is self-explanatory. I'm not saying these two will cross, but so long as they converge, it is a good sign to be long MPC. The stock itself is oversold. It has lost half it's market cap since early Dec. Since free-falling, it has found a nice bottom at $29.
Buying MPC in the low $30s and holding until April could bring us closer to the $55-70 valuation. Selling at $50 is more in line at the lower end of analysts revised expectations.
If INDEX:OVX stabilizes, and INDEX:SPX decides to capitulate, overlay MPC with the S&P, and you'll find that this stock has historically bucked the market.
Disclosure: I am long MPC.