Unity has been on uptrend from IPO in Sept through Dec. It is our only discernable Wave 1 of 5. Therefore retracement should be assumed to be .618 or aprox 108. The buy zone is when it drops below 120 past the .5 correction.
I saw a post pushing for a bull flag and I just don't see it.
Expect a bearish week and look to start buying equity next week.
I saw a post pushing for a bull flag and I just don't see it.
Expect a bearish week and look to start buying equity next week.
Note
Following trendline nicely, but I think institutional investors will keep it from the .618. I will likely buy some equity if it touches below 123Note
Update Added a position in Unity when it dropped to 120.5 per my buyzone. I dont see it ever touching below 115, so seems like a good entryNote
When the chart actually works >>>>>>>>>
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