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Unity Software Inc.Unity Software Inc.Unity Software Inc.

Unity Software Inc.

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U trade ideas

Boxes strategy. $U stock analysis. My plan.Here is my technical analysis of NYSE:U stock using my boxes strategy. NYSE:U price has broken out of the box recently on great earnings news. In 2 days it hit a long-term resistance and reversed down. Price has bounced off of the box ceiling that has become support now. I see two scenarious for further stock movement. Scenario #1. 1. Price breaks the long-term resistence level. 2. It comes back to a strong demand zone (preferrably where box level meets the trend line). 3. Then we move higher. Scenario #2. 1. Price does not break the long-term resistence level. 2. Stock price goes down and misses the demand zone. 3. We continue to move inside the box. Remember, action at the demand zone of 115.50 is a crucial point to watch. --------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NYSE:U
by AyBe_Invest
$U Unity software, retest of INV H&S Trading opportunityI quite like the look of this setup. After a nice break out of the neckline of the inverted head & shoulders formation - which was accompanied by some decent volume, we have recently seen a retest and hold of this level which also comes in just above the 200dma. I think once can buy this retest between $115-118 ,using a stop loss as a move below the breakout (or 107 if you want to give it some room). Target of the pattern comes in at approximately $151
NYSE:ULong
by MarcoOlevano
Possible H&S short term.After an amazing +10 move last week to the upside. $Unity seems a bit exhausted. As you can see Unity formed a possible h&S pattern currently sitting right at the neckline.(correct me if i'm wrong). We had alot of sell off doing FAANG earnings week, let's see how the market reacts .I see a move down to 104.50 - 103.50 area, if it's not able to hold 106.40 as support. Then a continuation to the upside to 115. Going to keep this short and simple. Support 1. 106.60 Support 2. 105.66 Support 3. 103. 50 My overall target for Unity is 115 Good luck to everyone next week!! I am not a financial advisor. Do not take as financial advice, ever. Do your own research. Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!
NYSE:U
by carreraluu