U trade ideas
Blue Chip CandidateBest Product on the market for Developers currently with large market share in an untapped market for 3rd party firms looking to utilities Unity software. Keep an eye on how this company interacts with it's IPO trendline and fib fan levels. Building a position for the long run in this stock. 4+ years investment horizon
Pokemon GO, Fall Guys, Bad North, Kerbal Space Program are just a few of the games that are powered by Unity software.
*TA interpretation + personal opinion= not investment advice
U:NYSE - UNITY SOFTWARE INC - Gaming development platformA relatively new stock that seems to be performing pretty well. Has had a 10% pullback so will be interesting to see if they have more upside.
Unity describes themselves as the world’s leading platform for creating and operating interactive real-time 3D (RT3D) content empowering creators across industries and around the world.
Could be a good gaming company to keep an eye on.
$U @ Trendline SupportUnity Software rested in an inside day just slightly above important support trend line. Possibly setting up a long trade soon. Keep an eye on it.
Unity Software Inc (U)- PROVIDES SOFTWARE SOLUTIONS TO CREATE, RUN AND MONETIZE INTERACTIVE, REAL-TIME 2D AND 3D CONTENT
$U | Unity: Bullish Descending Channel [Update 2]$U retested structure after reaching target 1 and 2. This can continue higher.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See me previous $U post here:
$U | Unity: Bullish Descending Channel [Update]In my previous $U post I shared this same bullish channel (see below).
Now that we have a clear breakout of the channel price should continue higher.
U - 15m - Long Swing - Looking for Trend ReversalBreakout from resistance levels on relative big volume
Took swing position on pullback around that resistance area
Unity hits $160 before Jan 7It will test the new resistance although most of people think it is overvalued.
Missed the IPO, Missed the Rally, Wont miss the funeral One of the biggest stocks on the Russell. And I'm very bearish of the Russell.
Idea on chart, Next target 121
U longMissed my entry earlier this year when it was trading at the bottom of the channel and then missed it again when it broke out of the channel
Originally I was supposed to get in at 99$ after watching its IPO debut
Stock is now taking a breather and consolidating into this ascending triangle pattern in my opinion and I will stalk it for the next breakout
Look to see a 2nd rejection at this resistance and retrace to consolidate a bit longer - in the mean time I plan on selling cash secured puts/put spreads to try and collect premium and try to obtain cheap shares. Otherwise I'm waiting for a new breakout to enter this time
I'm looking to get in on the next move up
Loving the gaming sector, going to con't running hot for at least another year imo
super strong bullish chart btw
ww above $170fib levels show me 169.80 --> 204.45
see bullish macd signal incoming
see volume profile above 170 is all clear
Aggressive Pivot IdeaThree Bar triangle forming for a potential swing trade. Pivot above today's high.
Possible Inverse Head & Shoulders for $U will it reverse?The last head and shoulders pattern might take a bit longer to form. Be cautious because it can become a bear trap - squeezing people with short positions pretty aggressively. I've noticed a trend in volume, short squeeze then ascending with a repeat.
Price Action clear for $U for next leg up $200+Over 60+ Pts from previous breakout 106 Price Action is clear for more pts here 170-175 next breakout for next leg up to 200 more consolidation would be ideal in this area. Allow accumulation for the next breakout.
