Unitysoftware
11/28/21 UUnity Software Inc. ( NYSE:U )
Sector: Technology Services (Packaged Software)
Current Price: $179.89
Breakout price trigger: $181.00
Buy Zone (Top/Bottom Range): $179.00-$171.50
Price Target: $232.00-$236.50
Estimated Duration to Target: 68-70d
Contract of Interest: $U 2/18/22 200c
Trade price as of publish date: $14.50/contract
U long after pullbackThe Unity Software price was continually increasing and now it is in overbought conditions (RSI>70) and above upper KC line. Therefore we expect a retracement to 50% Fib retracement level, which is also a previous resistance zone, that could act as a support for entering a long position.
Entry price: $175.08
Stop loss: $165.49
Target price: $207.33
no financial advice
Unity Software10.19.21 Bobby's Homework Assignment : U Draw the lines on the chart. There are not very many. Listen to my description and then try to describe what I said once or twice. Make sure that you make distinctions as it relates to the PRESS. Make sure you mention the double bottom. Make sure you understand how to use the extensions to find the trade entry, and also to find the target. Do not forget the concept of RUNNING the stops. The next day review the chart that you have drawn and try to talk through the chart as if you were teaching somebody and mention all the points that you can remember, and then go back and see if you missed anything when you look at your notes from the previous day. Better yet, I would suggest that you find the prettiest girl that smiles at you and ask her if she wants to get together with you to look for stock picks. And then explain to her some your ideas about a good stock for your portfolios. There is nothing like learning something and then showing what you learn to other people.
$UUnity is a platform that provides two sets of solutions: Create Solutions and Operate Solutions. Create Solutions provides a comprehensive portfolio of software solutions for developers to create 2D and 3D content that can be deployed on more than twenty platforms, including Microsoft Windows and Apple.
Unity’s Operate Solutions offers app developers a set of solutions to grow and monetize their end-user base. The company competes with AppLovin through the Operate Solutions business.
Interestingly, Unity is also one of APP’s partners and enterprise client.
In Q2, Unity posted revenues of $273.6 million, a jump of 48% year-over-year, surpassing the Street’s estimates of $243.07 million. Revenue from Operate Solutions grew 63% year-over-year to $182.9 million
But moving away from the fundamentals and moving onto the technical side of things.
Unity Software has been forming an falling wedge since the 26th of June.
If this patterns plays out correctly price should fill the gap before falling.
MACD flat.
RSI flat with the 50MA looking really to break above the 200MA.
Keep this on your watchlist.
- Factor Four
$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
U trade - take profits if you wantLast update where i gave my trading idea:
Another tech stock where I see a nice entry between 96.03 - 91.34 USD. Targets: 114.22 // 115.53. Then 139.77 gap - 146.59. I´ll play this with some cfd contracts. You can also use options or normal shares. Main target is 91.34 now. Just set an alert if you want to get in;)
UNITY SOFTWARE Inc. Will this be 48% pump?The price is trading at the low of the channel, I am looking at the price action at the lower trend line for the confirmation for the trade. Don't miss this because it can be a 48% pump in price. Like and share this chart with all your friends so they can benefit from this analysis. Thank you.