U2ST34 trade ideas
Unity buy for the long termUnity has been sold off a lot recently (non surpise it's an unprofitable company) but the short trend is going to end in this days, it has strong potential for the long term since the metaverse has been a lot under the spot recently, it could have a huge potential.
Unity stock is on sale...time to Unite and buy!Hi everyone,
Wow, what a start of the year! Stock market is beaten up badly. But you know what that means for an intelligent investor. Many great opportUNITYies to buy favorite stocks at discounts.
Today we are revising my NYSE:U stock analysis.
The stock is currently down more than 50% from the Nov tops (big ooph).
We have just entered the highest volume zone, established last year.
And we are rapidly approaching the Golden buy zone.
All indicators point at a magical number of 100 .
Just look at the chart!
All stars allign perfectly at a price zone of 100 .
POC, HVN, 2 long-term support lines, all point to 100 .
I bet algos know about that zone too. So there are LOTS of resting buy orders.
Therefore, I will add massively to my NYSE:U holdings at the next open.
Let me know if you like this stock.
As always, trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise
$U 12/16/2021This one is a fun one. Daily and 15min chart review.
On daily you can see classic cup and handle. Price broke out from neckline and pulled back to neckline looking to turn previous resistance into support. Also has respect from 200 ema.
On the 15min, you see the pullback is still "pulling" back as downtrend has yet to be broken. We did get 2 price rejections at support so this might be an indicator that we might be at bottom.
We have support of 200ema on daily, and price rejections on 15min signaling bottom might be in. Even though I would like to see pullback broken before entering, I think there is enough support to enter.
Trade: -
Entry: $140
Exit: stoploss at 126 or a close below 200 ema on daily chart
U AnalysisNotes
weekly:
- current support level ~@107.42 - 115.30
- next support level ~91.78 - 93.93
- bearish candle
- was in an uptrend
- broke the uptrend
daily:
- last two candles: buyers tried to dominate the market but it's not enough; long upper shadow -> buyers bid a higher price but sellers drove the price back to the end the session near the open price
- no sign of reversal
- small resistance level @126-130
-> needs to break this resistance level to reverse the trend again
this is just an analysis from me
DWAC1.8.22 DWAC: the market dynamics of a coil. It this price action a 'TELL' that this market will go higher? How might you handle this? (I was a little sloppy with some of my description of buyers...but I eventually summarized it correctly ...sorry about that).
U (Unity)Head back to primary trendline via H&S.
The good thing is the trend is upward.
Target should be around 95-100 by late spring
UNITY - Great Entry Level into the MultiversesUNITY has been on the Radar for a while now and it's time to get in there right on SUPPORT!
Not just any support..The biggest one.
Want a Piece of the Metaverse?
If your goal is to capture as much of the potential upside in this area as possible, Unity Software could be a big winner in 2022.
SERVICES:
Unity Pro
The complete solution for professionals to create and operate real-time 3D experiences. Put the power of an entire ecosystem of tools, support, and community in your team’s hands to achieve better results, faster.
Unity Gaming Services
Wherever you are in your development lifecycle, Unity Gaming Services takes your game to the next level. Bring your vision to life and leverage our tools to run your online game, grow revenue, discover player insights, and more.
Unity is so much more than the world’s best real-time development platform – it’s also a robust ecosystem designed to enable your success.
Unlike Manchester United, this UNITY will make us some money in 2022.
Just my humble opinion / dyor
the FXPROFESSOR
PS. the markets might be entering a period of correction but regardless, I look and decide from what i see on the chart
UMID-TERM: Slightly scuffed bullish bat, hidden bullish divergence, bullish pinbar candle off historical support yesterday, breakout of falling wedge. (not financial advice)
Looking for Unity reversal after falling 35%Having fallen 35% from peak on18 Nov to the low on 17 Dec, Unity seems to have gained some momentum and recovering.
Looking to catch the reversal.
Buy @ 147
Stop loss @ 140
Profit @ 177
Profit to loss ratio 4.2
Be careful on Unityi really like this stock long term, but it's trading at a really pricey multiples. I believe this is a bounce and we see the count down to 13 commence in the next week or so. I'd be looking to add around the 200 day (which will probably be in the low 120's, also there is Fib support at this level). I'm not shorting, this is just the area i would be adding to (if it hits).
Looks like it broke the downtrendtime to buy - could go all the way back to $200
be sure to have a stop
$U Unity Potential OutlookHere we see a 12345 Impulse Wave followed by what looks to be an ABC Corrective wave. If market conditions stabilize and $Unity finds support near the C wave down, this should be the reversal point.
It's important to note that this C wave has two potential targets;
Target 1- $126
Target 2- $112
The best-case scenario is price stabilizes here and retakes the broken trendline, and the worst-case scenario is the targets above.
UPossible metaverse type thingy
Gaming thingy
StoNKs ONlY Go DOWn
Until they go up ofc
Cool uni-vowel ticker
Not trading advice
Ofc
UnityTaking a wild guess here on what Unity does over the next year. Follow along and see how well my crystal ball works!
Unity Chart TrendI have been trading this trend for a long time now and this stock has not broken trend yet. If it stays course we could potentially see a move to ATH if it breaks below then we play the bearish trend.
Unity has probably bottomed and ripe to go longSupport line since july 2021 had a fake breakdown it seems. And a healthy bounce since then. Stochastics indicate we have plenty of room for a bullish move soon. Would not be surpised if we see 209$ before march 2022. If we breake down the long white support line and MA200 its time to sell it. From a fundamental perspective I think Unity has a really good position in the market and ability to capitalize on future megatrends.
$RBLX $AAPL $U $FB I OptionsSwing WatchlistRBLX 15M I RBLX is down near 20% from recent highs. $112 is acting as support. Watching for a breakout from the current downtrend on the 15 minute time frame.
AAPL 15M I AAPL showed strength the past few days as it managed to outperform its sector and QQQ. We are seeing a double bottom so far near the $160 level.
U 1H I Unity has been on a free fall and has shed 30% of its value in days. Expecting a retest of our trend on the 1 hour time frame. There is a slight div on the RSI.
FB 15M I FB has entered a bear market after falling more than 20% from ATH levels. Seems like $300 is a psychological support level that was defended last week.
