Unity Software Inc.
Long
Updated

Will be worth a shot at the potential shark completion zone

686
Looking here, I think unity is a great opportunity if we get to these levels. I wouldn't pass this chance up, I would at least take a small position.

This is a 786 retrace of bottom to top, and also a shark pattern
Note
A deeper shark makes a lot of sense here.

snapshot
Note
Market frontrunning, a 786 retrace is fine for me, went long a few cents ago.

snapshot
Note
Digging in deeper, if the daily stays like this then this will be a Japanese candle called piercing line, potential reversal candle.

snapshot
Note
could also be bullish engulfing, depends on the close.
Note
Retest of the low is an opportunity with well defined stoploss.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.