UPDATE. Unity stock trading plan $U

Hi everyone!

Today I decided to post an update on my initial U prediction made a month ago.

Here is what happened:
  • Price broke out of the long-term downward trend sooner than I expected.
  • Trend line got softly backtested and held.
  • Supply level at 139 level was reached.
  • Return to strong 128 demand level.


As much as I love this stock I do not believe it will keep the pace on the way up.
I expect it to hard backtest the red trendline.
If that holds, Scenario #1 will still be intact.

It is also clear now that Scenario #2 did not play out, which is obviously good.

Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
boxeslong-termStocksSupply and DemandTrend AnalysisTrend LinesUNITY

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