U strong volume on weeklyGo to a weekly chart and check out the large bull volume. Nice pull back incoming off of the 100/200 sma on the daily.
Buy the dip?
U2ST34 trade ideas
$U - Stage analysisNYSE:U Stage analysis shows that #unity is still in stage 1 bottoming process. A long way to go. With Unity AI could be a game changer. Also NASDAQ:AAPL partnership was a huge vote to Unity's tech stack.💥🚀💰
Medium term targets are not changed Targets - $36.22, $45, $58. Downside risk - $24.50 (See the chart I published previously.)
I am long $U.
Unity shares surge over 20% on Apple partnershipNYSE:U
Unity Software Inc.'s shares jumped on Monday, rising over 20%, after Apple Inc. revealed it will be partnering with the video game software development company for its latest Apple Vision Pro headset.
"We know there is a community of developers who have been building incredible 3D apps for years. Today, we are excited to share that we've been working with Unity to bring those apps to Vision Pro, so popular Unity-based games and apps can gain full access to VisionOS features," Vice President of Enterprise and Education Marketing at Apple Susan Prescott said during the tech giant's conference.
Unity's stock skyrocketed 21.42% at 3:21 pm ET, going for $37.64 apiece.
Baha Breaking News (BBN) / AY
$U - Waking up!NYSE:U Looking like its waking up inside a triangle. Breaking above $36.22 could propel it to $58. Targets - $36.22, $45, $58. Downside risk - $24.50
💥🚀💰
Bet on metaverse now? 📲
Unity - company provides its own engine for creating games with virtual reality support.
For example, almost all multiplayer cryptocurrency games are made on the Unity engine: BINANCE:SANDUSDT , BINANCE:AXSUSDT , DAR, MANA and others.
Also, a huge number of games without the use of blockchain technologies.
This tells us about the growing demand for services of this company.
From the historical maximum, the stock has already fallen by -85%!
The company is currently unprofitable, but revenue is growing at a good pace.
Company's P/S multiplier is normal: P/S~7.
The company is expected to reach net income next year: Forward P/e ~33.
Should you buy Unity stock now?
According to technical analysis, stock has been moving sideways for a year now.
During this time, volumes of paper have grown, which means that investors are accumulating shares.
However, there are no insider buying yet, which means we haven't seen great prices yet.
📊 Outcome:
According to fundamental analysis, the business still looks bad, but the Unity direction is very promising.
According to technical analysis, the paper looks attractive for long-term purchases, but we can still see a lower price.
Ticker: NYSE:U
❇️ Forecast "optimistic in long term"
💵 Recommended buy prices: $25, $21, $16
💰 Volume per idea: up to 1.5% of the deposit
🎯 Goals: $45, $58, $76
📈 Growth potential up: to 150% by the end of 2023.
📉 Potential to drop up: to 50% by the end of summer.
Write in the comments on what other assets you want to get an analysis 🔍
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UU weekly looks consolidating We may see some breakout sooner..
good to hold for long term...............
Not an investment advice
U can't looseSorry I couldn't resist the title.
Purely speculation that we might get a little upward movement back to the previous support line within the current downward channel.... Or I'm completely wrong and it's heading down to $14.
Both the Daily and Weekly RSI are in the oversold territory...
Unity: short set-upodds favor short setup.
consolidating and reduced volatility at the lows. When trading below 25USD will most likely result in further downside.
in case of long price needs to regain 40USD
600% Upside Potential on Unity Software !Hello folks, I have confidence in management that they can grow revenues at a sustainable 30% rate long term, as they call for mid-teens growth in 2023 and much more accelerated revenue growth after 2023. If management can deliver over their long term promises, This Metaverse stock will easily hit $200.
This is not financial advice, only my personal view.
Hit the like button
Unity (U)- buy it now and set a close stop lossUnity Software is consolidating at the bottom of the pattern and you may buy it now for an attractive reward and risk ratio.
SEND ITChart looks good and company has some nice fundamentals behind it with exposure to macro trends.
Simple trading method for day trading and swing tradingFor day trading chart at 15 minutes and for swing trading at 1hr.
Cup and HandlePrice is not to EL yet.
3 attempts at the top of the cup have been met with resistance.
Possibly a move to the upside is hinging on earnings report which is 2-22 AMC
No recommendation.
Any pattern can fail.
Chaikin Money Flow (CMF) developed by Marc Chaikin is a volume-weighted average of accumulation and distribution over a specified period. The standard CMF period is 21 days. The principle behind the Chaikin Money Flow is the nearer the closing price is to the high, the more accumulation has taken place. Conversely, the nearer the closing price is to the low, the more distribution has taken place. If the price action consistently closes above the bar's midpoint on increasing volume, the Chaikin Money Flow will be positive. Conversely, if the price action consistently closes below the bar's midpoint on increasing volume, the Chaikin Money Flow will be a negative value.
A CMF value above the zero line is a sign of strength in the market, and a value below the zero line is a sign of weakness in the market.
Utility Software (U) More than just a Bench PlayerInteresting Harmonic setup(s) for Utility Software (U)
One Harmonic pattern is in progress (Bearish Shark) and one that is trying for the final leg of either a Bearish Bat or a Bearish Gartley pattern.
We will watch this for the moment and see if the Bearish Shark hits the $30-32 area.
Then we will reevaluate and if U resumes its upward trajectory to the $54 for the final D leg of the Bearish Bat/Gartley Harmonic Pattern.
A solid breach of the XB trendline should be the key to the final leg on this 4 hour chart.
Stay tuned !
Not Investment advice ... do your own due diligence.
S.
Note... Lots of potential movement tomorrow (Feb. 1) with a potential Fed rate increase ... be nimble and respect overall market trends.
Demand for XR content about to 10XCreating content for AR and VR use will be in HIGH demand as big tech rush into not only the Meta verse, but all sorts of augmented reality use cases.
In a couple years from now it will be the norm to see people wearing their XR glasses, allowing them to see 3D digital objects everywhere. How do i know?
First off, all smart phones now have Lidar cameras that allow the user to generate AR experiences.
Second, and this one is huge, AR experiences can now run without a native app. That means users don't have to download an app the trigger and view the AR content. The applications are no web based requiring only an internet connection.
Third, AR objects can be linked to markers and even GPS coordinates and placed out in the wild, on top of pictures, on QR codes.
Soon products in stores will have AR advertising that pops up right when you point your camera at the product, since simply a QR code or a specific pictures can trigger it.
All this to say Unity is a primary software for creating 3D AR/VR objects and content.
And demand for this content will drastically increase in the next 5 years.
Love to hear people's feedback. Happy trading everyone!
Unity Software Long BiasHi guys hope you doing good.
Unity Software created first Demand on D1 which looks really strong. So we have a clear TP area upto 55$. Though the currect trend of metaverse it is also good to invest for upcoming 10 to 20 years as we are going through the VR/MV fashion.
Good luck
$U on the decline $U has been steadily on a decline slope. With a rapid upward trend, a lot of barriers are in its way to stay climbing. Trendsi Indicators on the Daily chart shows bearish momentum, red EMA (middle band), money momentum (white line) has been slightly trading above it. RSI currently at 61.2, indicates slightly over bought. With a big jump also comes with a hard fall. Order block placed around 25.30 range. will be keeping an eye on it and will be getting a short position.
Trade smart, Trade safe, Happy Trading's everyone.
Unity still in its down channel. Premature bullish excitement.Unity is running like hell the last few days. I believe that this run ends today as the excitement over the single datapoint of the last CPI report is overblown out of proportions. The stock is still in it's down channel and we can see a respected bounce back to the downside today. What do you think?
NYSE:U
U stop loss $0 take profit moving average 100U stop loss $0 take profit moving average 100 I think downtrend is complete
